7 Rallying Dividend Stocks With Strong Cash Coverage
Published Jul 21, 2011 on Seeking Alpha

Even if a company is paying an attractive dividend yield, there is no guarantee that that dividend will be continued in the future. It is up to potential investors to analyze whether the company’s cash flows can continue to support the dividend yield.We ran a screen on dividend stocks (paying yields above 2% and sustainable payout ratios below 35%) rallying above their 20-day, 50-day, and 200-day moving averages. We searched this universe for those that have trailing-twelve-month free cash flow per share at least five times greater than dividend per share, indicating comfortable coverage of the dividend. Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research. <p>Your browser does not support iframes.</p> We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the... Read more