Contender Dogs Find 20 Safe Dividend Margins Out Of 50

The Dividend Dogs Rule
The "dog" moniker was earned by stocks exhibiting three traits: (1) paying reliable, repeating dividends, (2) their prices fell to where (3) yield (dividend/price) grew higher than their peers. Thus, the highest yielding stocks in any collection became known as "dogs."

Contender "Safe" Dogs Belong To What Sectors?
The number of safe Contender Dogs that came from six of 11 business sectors were: energy (4); utilities (1); communication services (2); financial services (1); real estate (1); consumer defensive (1).
20 of 50 Dividend Contender Dogs Have Cash Margins to Cover Dividends

Annual Safety Check
A previous article discussed the attributes of 50 Champion dividend dogs from which these "safest" were sorted. You see above the green tinted list that passed the dividend "stress" test. These 20 Dividend Champion dogs report sufficient annual cash flow yield to cover their anticipated annual dividend yield. The margin of excess is shown in the bold face "Safety Margin" column.

Financial guarantees however are easily over-ruled by a cranky board of directors or company policy canceling or varying the payout of dividends to shareholders. It must be noted that Murphy Oil (NYSE: MUR) reduced its dividend last month and dropped out of this Contender class and off these David Fish CCC listings.
Nevertheless, these safe Contenders do carry pedigrees of 10 to 24... Read more