7 High Yield Dividend Stocks With Enough Cash to Cover 2+ Quarters of Operating Expenses
If you're an income investor, the following list might be an interesting starting point for your own analysis.
The following is a list of high dividend yield stocks that have enough cash to cover at least two quarters of their past year’s average quarterly operating expense.
We calculated the average quarterly operating expense over the last four quarters, and compared it with current cash holdings for each firm. All companies listed below have more than 2x cash for their avg. quarterly operating expense, translating into 2+ quarters of avg. operating expenses.
Considering the cash holdings of these firms, are these high dividend payments safe? Under this assumption, which of these names is worth a spot in your portfolio? See full details below.
Operating expenses and cash data from Google Finance, all other data from Finviz.... Read more