14 Tech Companies With 1+% Dividend Yields, Low Debt, and Attractive Valuations
Using the Screener.co stock screener, and configuring the Markets to only include U.S. traded companies (Nasdaq, American Stock Exchange, New York Stock Exchange, and Over the Counter), we are able to construct a screen for dividend-paying technology companies that meet the following criteria:
Field op Criteria
Sector = "Technology"
Current Dividend Yield-Common Stock Primary Issue-LTM > 0.01
Current year dividend per share estimate < Current year consensus EPS estimate
Current EV/EBITDA <= 7
Total Debt(I) < 2 * EBITDA(A)
In addition to the conditions mentioned in the article title, we also require that forward EPS > DPS. When looking for operating companies that pay dividends, I tend to avoid firms that have dividends greater than their earnings. Another way to look at this would be to require DPS < operating cash flow per share; in both cases, the objective is to exclude companies whose dividend payments may not be sustainable.... Read more