Retirees, eager to make the most of their investment portfolios, are faced with a unique challenge – generating a consistent stream of dividend income every month. This task, though daunting, is made achievable with the help of meticulously curated databases that list dividend-paying stocks based on their payout dates. And this is where Sure Dividend steps in. By housing detailed databases of stocks that pay dividends throughout each month of the year, Sure Dividend simplifies the process of structuring a portfolio that ensures a steady flow of monthly dividends.
In particular, the list of dividend-paying stocks available for download for the month of December offers valuable insights into the following key metrics for each stock featured:
- Name
- Ticker
- Stock price
- Dividend yield
- Market capitalization
- P/E ratio
- Payout ratio
- Beta
Armed with this comprehensive list, investors can explore new avenues towards enhancing their investment outcomes. By utilizing this database in conjunction with Microsoft Excel, investors can implement two distinct investment screens to refine and optimize their stock selection process.
Screen 1: Price-to-Earnings Ratios Below 15 and Payout Ratios Between 50% and 100%
To begin, investors can focus on stocks that pay dividends in December with price-to-earnings ratios below 15 and dividend payout ratios ranging between 50% and 100%. By following these steps, investors can filter out potential investment opportunities that meet these criteria:
- Download the list of stocks that pay dividends in December
- Apply the filter function to every column in the spreadsheet
- Filter for stocks with price-to-earnings ratios below 15 and dividend payout ratios between 50% and 100%
Screen 2: Price-to-Earnings Ratios Below 20, Dividend Yield Above 2%
Continuing on, investors can further narrow down their search to identify undervalued stocks with attractive dividend yields by implementing the following screen:
- Download the list of dividend-paying stocks for December
- Apply the filter function to every column in the spreadsheet
- Filter for stocks with price-to-earnings ratios below 20 and dividend yields above 2%
By utilizing both screens, investors can strategically select stocks that fit their investment criteria while maximizing the potential for dividend income. This methodical approach not only streamlines the stock selection process but also enhances the overall efficiency of investment decisions.
In conclusion, the journey towards successful investing involves leveraging various resources and tools to make informed decisions. Sure Dividend offers a range of databases, covering different sectors and months, to assist investors in building diversified and sustainable portfolios. By focusing on companies with a history of consistent dividend growth, investors can uncover compelling investment opportunities that align with their long-term financial goals. So, take advantage of these resources and embark on a journey towards financial prosperity.
