For Dividend Plays, Take a Look at the Leaders
by Stuart Chaussee
As a follow-up to last week's column on aggressive dividend stocks, I've compiled a more complete list of leading dividend stocks in leading industries. I filtered through Investor's Business Daily's top 40 industries (from a total of 197) and noted the top three stocks in each, as determined by their earnings-per-share ranking, or EPS, and their relative strength ratings, or RS, coming up with 120 candidates.
For a quick review, IBD calculates the EPS rating by "combining a company's three-year rate of profit growth with recent quarterly earnings." For example, a rating of 90 would mean a company's earnings over the past three years (more weight given to recent quarters) were better than 90% of all publicly traded companies in IBD's database.
The RS rating "measures stock price performance over the past 12 months." A rating of 90 would indicate that the stock has outperformed 90% of...
Jim Cramer
In Defense of Filthy-Rich Investment Banks
They had willing buyers for their proprietary products, and there was no deception.
MORE >>
Don Dion
Build On My Skepticism
The BAB could be a nice short-term play on growing demand for the Build America Bonds.
MORE >>
Rev Shark
Sudden Drop in Gold Causes a Wrinkle
Other than that, the market seems to be complacent to a fault.
MORE >>
With RealMoney You Get:
- Actionable ideas straight from
Wall Street to you
- A front row seat to the most authoritative financial forum in town
- Immediate access on your
iPhone or Blackberry
© TheStreet, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.
