Top 10 S&P SmallCap 600 'Safer' Dividend Dogs Led By Capstead Mortgage By Yield, And Tailored Brands By Upside, In April
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." More specifically, these are, in fact, best called, "underdogs".
Ten of Eleven Sectors Bring "Safer" Dividends to The S&P SmallCap 600 Index
Ten Morningstar sectors of eleven are represented by the 42 "Safer" members of the S&P SmallCap 600 Index. They showed positive annual returns and margins of cash to cover dividends by this screen as of April 21.
The "safer" dividend S&P SmallCap 600 Index sector representation broke out as follows: Real Estate (5); Financial Services (16); Communication Services (2); Consumer Cyclical (7); Technology (2); Consumer Defensive (2); Industrials (3); Basic Materials (2); Energy (1); Utilities (1); Healthcare (0).
The first six industries listed above made the top ten 'safer' dividend S&P SmallCap 600 Index team by yield.
42 of 84 S&P SmallCap 600 Firms With "Safer" Dividends
Periodic Safety Inspection
A previous article discussed the attributes of the 50 constituents of S&P SmallCap 600 Index.
You see grouped below the tinted list documenting 42 of 84 that passed the dividend dog "safer" check... Read more