S&P 500 Stocks With High Yield, Persistent Dividends and Strong Charts
We think using a combination of price behavior and fundamental criteria is a good way to go about selecting stocks for a portfolio. We also think achieving a significant part of total return from cash dividends is a good thing too, at least for investors who need to draw on their portfolios to support lifestyle over the long haul. For a first pass at fundamentals, a long-term pattern of persistent, consistent dividends is a reasonable start. Along those lines of thinking, there are 15 members of the S&P 500 that could make some sense for equity income investors. The price behavior filter was: 200-day linear regression slope > 0 100-day linear regression slope > 0 price > 200-day average 100-day average > 200-day average price > midpoint of 63-day price channel 3-month average per minute dollar trading volume > $25,000 price > 0.95 times highest price in past 252 days.... Read more