13 Dividend Stocks Passing Rigorous Quality, Growth And Valuation Filter Criteria

Summary
Only 13 dividend stocks passed basic filter criteria out of the hundreds in the Dividend Champions and Contenders in Dave Fish's valuable lists.
Most of those stocks are rated negatively from a technical perspective.
Only one stock passed all the filter criteria and is also rated positively technically.
In search of high-quality dividend stocks, we performed this basic filter on Sunday, October 4, 2015, and found only 13 prospects, most of which are not attractive in terms of current price behavior, but which may have long-term appeal:
Using David Fish's dividend stocks lists, the stocks had to have paid and increased dividends for at least 10 years, and the dividend growth rate for 1, 3, 5 and 10 years each had to be at least 2%.Using Wright's quality ratings, the stocks had to be rated A or B for "investor acceptance", A or B for "financial strength", A or B for "profitability and stability", and at least 4 on a 20-point scale for "growth" (each of the four dimensions based on eight parameters).Using Standard & Poor's Capital IQ ratings, the stocks had to be rated at least 3 on a 5-point scale for year-ahead performance, and at least 3 on a 5-point scale for fair value pricing.Using Fidelity's equity summary score, the stocks had to be rated neutral or better (>3.1 on a 10-point scale)Using Street Consensus data, the stocks had to have a positive PEG that is 2.0 or less, and a 12-month... Read more