Wayne A. Thorp, CFA is a vice president and the senior financial analyst at AAII and former editor of Computerized Investing. Follow him on Twitter at @WayneTAAII.


Walter from FL posted over 4 years ago:

Great article. Because of the payout ratio filter this screen ignores some very high yielding MLPs and REITs that should be the cornerstone of any dividend investor's portfolio.

Doug from OH posted over 4 years ago:

Don't forget your fundamental research in addition to screened data. DPL has been purchased by AES and will no longer pay a dividend.

Pete A from WA posted over 4 years ago:

Great article, Wayne! I always enjoy your work, but this one is in the "top quartile" for sure!

My group has been developing a hybred dividend earning/intermediate term trading system, for a couple of years. A core tenant is ONLY "Quality Stocks" can be included in out selection universe. Your article adds clarity about how to quantify "quality." Many of our members use the "Champions" or "Contenders" list found elsewhere as their base, assuming these are all "quality," not too bad a starting point. I personally have been using a commercial service that does the ranking (and makes downloads to excel from their screener very easy).

Even given such an agust starting set one is still left with the need to pair down the list, and to develop rules on which/when/how many shares to buy. Your article has some great ideas on how to do this.

Thanks Again,
Pete A

Edward from PA posted over 4 years ago:

Certainly there are different ways to screen for attractive dividend paying stocks but it seems to me that your article should have addressed or compared this methodology to the securities that result from the "Dividend Yield" screen presented in Stock Investor Pro. Your response would be appreciated. Thanks

David L. from TX posted over 3 years ago:

Great article, very useful. Just curious why data newer than May 13, 2011, were not used.

Allan Pacela from CA posted over 3 years ago:

Why did AAII repost an old article from 2011 without updating the data? Not nice.

C Royce from TX posted over 3 years ago:

This article is old and would have been more beneficial had you updated the data and indicated what the data showed today. I downloaded the most current data and processed it with Excel and determined that qualifying stocks with at least 3% yield were small cap. This may say that the large cap great dividend stocks at this point are not good buys.

Wayne Thorp from IL posted over 3 years ago:

Our focus is the methodology, which has not changed. The article gives you the tools to run the screen whenever you wish. Teach a man to fish...

Tom O'Brien from IL posted over 2 years ago:

any chance you can do us a favor and run again with current data???

Sorry, you cannot add comments while on a mobile device or while printing.