A High Dividend Stocks Screen

There is a high dividend stocks stock screen that has appeared in an article The Globe and Mail. The screen comes from Sherry Cooper, who has been chief economist at investment dealer BMO Nesbitt Burns since 1983. In the article, she states:

“Blue-chip dividend-paying stocks should be considered in a long-term investment portfolio, including during retirement,” she writes. “The most favourable are those stocks with an attractive yield, a history of steady dividend growth above the rate of inflation, a low payout ratio, and an improving position in the marketplace.” Such stocks are arguably safer than corporate bonds, she says.

In her book, she presents a dividend screen that weeds out the junk and comes up with a list of high dividend stocks that investors can then do additional analysis on. Click this link to see the results from the screen.