Credit Suisse Is Top Financial Dividend Safety Dog For September
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."
What Financial Industries Show Up As "Safe"?
Financial sector industries listing cash margins greater than their announced annual dividends include: asset management; insurance - property; banks - global; insurance - diversified; banks - regional; credit services; insurance - reinsurance; savings & cooperative banks; capital markets; insurance - life; insurance - specialty.
Top ten financial sector dogs showing the biggest dividend yields by this screen as of September 27 represented five industries: (1) asset management with five firms; (2) insurance - property had one firm; (3) banks - global had one firm; (4) insurance - diversified had one firm; (5) banks - regional had one firm.
31 Financial Firms Showed Cash Margins to Cover Dividends
Periodic Safety Check
A previous article discussed the attributes of these 50 Financial Sector stocks from which these thirty-one were sorted. You see below the list that passed the dividend "stress" test. These 31 Financial 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... Read more