With interest rates around the world still at record low levels I thought you would value a few high quality investment ideas of companies with an attractive dividend yield.
Quality dividend investing
As you know not all high dividend yield companies make good investments because you have to make sure the company can continue to pay the high dividend in future.
This is the type of companies this screen selects for you.
How the dividend investing list was selected
This is what the screen looks like:
- To make sure the only quality companies are included; I selected Market Leading companies (large healthy companies) from around the world.
- I then only selected companies with a healthy dividend coverage ratio of more than 2. This means their profits are two times higher than the dividend they pay out.
- I then sorted this list by dividend yield
You can read more about Market Leading companies (and why they make good investments) here: Large companies on steroids ? Market Leaders?
No extremely high dividend yields is a good thing
You will see the dividends are not very high; this is a good thing because research studies have shown that companies with a very high dividend yield (yields you can hardly believe) do not make good investments.
Here is a list of the quality high dividend yield companies the screen came up with? (Click here to read more)
Improved quality high dividend companies ? Piotroski F-Score added
To improve the quality of the companies in the screen even further I added the Piotroski F-Score to the screen.
To see this list of even higher quality high dividend yield companies click here.
You can read more about how useful the Piotroski F-Score is here:
This academic can help you make better investment decisions – Piotroski F-Score
Can the Piotroski F-Score also improve your investment strategy?
Your dividend investing analyst
PS To find more companies like these for your portfolio click here: I am interested sign me up