When the stock market has jumped two days in a row, as it has now, it is easy to become complacent.
But the Federal Reserve isn’t finished raising interest rates, and recession talk abounds. Stock investors aren’t out of the woods yet. That can make dividend stocks attractive if the yields are high and the companies produce more cash flow than they need to cover the payouts.
Below is a list of 21 stocks drawn from the S&P Composite 1500 Index
SP1500,
+ 3.12%
that appear to fit the bill. The S&P Composite 1500 is made up of the S&P 500
SPX,
+ 3.06%,
S&P 400 Mid Cap Index
ກາງ,
+ 3.18%
ແລະດັດຊະນີ S&P Small Cap 600
SML,
+ 3.80%.
The purpose of the list is to provide a starting point for further research. These stocks may be appropriate for you if you are looking for income, but you should do your own assessment to form your own opinion about a company’s ability to remain competitive over the next decade.
Cash flow is key
One way to measure a company’s ability to pay dividends is to look at its free cash flow yield. Free cash flow is remaining cash flow after planned capital expenditures. This money can be used to pay for dividends, buy back shares (which can raise earnings and cash flow per share), or fund acquisitions, organic expansion or for other corporate purposes.
If we divide a company’s estimated annual free cash flow per share by its current share price, we have its estimated free cash flow yield. If we compare the free cash flow yield to the current dividend yield, we may see “headroom” for cash to be deployed in ways that can benefit shareholders.
For this screen, we began with the S&P Composite 1500, then narrowed the list as follows:
- ອັດຕາເງິນປັນຜົນຢ່າງຫນ້ອຍ 5.00%.
- Consensus free cash flow estimate available for calendar 2023, among at least five analysts polled by FactSet. We used calendar-year estimates, even though fiscal years for many companies don’t match the calendar.
- Estimated 2023 free cash flow yield of at least double the current dividend yield.
For real-estate investment trusts, dividend-paying ability is measured by funds from operations (FFO), a non-GAAP figure that adds depreciation and amortization back to earnings. Adjusted funds from operations (AFFO) takes this a step further, subtracting cash expected to be used to maintain properties. So for the two REITs on the list, the FCF yield column makes use of AFFO.
For many companies in the financial sector, especially banks and insurers, free cash flow figures aren’t available, so the screen made use of earnings-per-share estimates. These are generally considered to run close to actual cash flow for these heavily regulated industries.
Here are the 21 companies that passed the screen, with dividend yields of at least 5% and estimated 2023 FCF yields at least twice the current payout. They are sorted by dividend yield:
| ບໍລິສັດ | Ticker | ປະເພດ | ຜົນຜະລິດເງິນປັນຜົນ | ຄາດຄະເນຜົນຜະລິດ 2023 FCF | ຄາດຄະເນ "ຫ້ອງຫົວ" |
| Uniti Group Inc. | ຫນ່ວຍງານ,
+ 7.36% | ອະສັງຫາລິມະຊັບການລົງທຶນໄວ້ວາງໃຈ | 8.33% | 25.25% | 16.92% |
| ບໍລິສັດ Hanesbrands Inc. | HBI,
+ 5.56% | ເຄື່ອງແຕ່ງກາຍ/ເກີບ | 8.33% | 17.29% | 8.96% |
| ບໍລິສັດ Kohl's Corp. | ກສສ,
+ 5.80% | ຫ້າງສັນພະສິນຄ້າ | 7.68% | 16.72% | 9.04% |
| ເຊົ່າ-A-Center Inc. | RCII,
+ 10.40% | Finance/ Rental/ Leasing | 7.52% | 17.26% | 9.73% |
| Macerich Co. | MAC, ທ.
+ 8.18% | ອະສັງຫາລິມະຊັບການລົງທຶນໄວ້ວາງໃຈ | 7.43% | 18.04% | 10.60% |
| ບໍລິສັດ Devon Energy Corp. | DVN,
+ 5.72% | ການຜະລິດນ້ ຳ ມັນແລະອາຍແກັສ | 7.13% | 14.47% | 7.33% |
| AT&T Inc. | T,
+ 1.19% | ໂທລະຄົມມະນາຄົມຫລັກ | 6.98% | 14.82% | 7.84% |
| ບໍລິສັດ Newell Brands Inc. | NWL,
+ 5.16% | ກຸ່ມບໍລິສັດອຸດສາຫະ ກຳ | 6.59% | 17.42% | 10.82% |
| Dow Inc. | ລົງ,
+ 2.96% | ເຄມີ | 6.18% | 15.63% | 9.45% |
| LyondellBasell ອຸດສາຫະ ກຳ NV | LYB,
+ 3.64% | ເຄມີ | 6.09% | 16.07% | 9.99% |
| Scotts Miracle-Gro Co. Class A | SMG,
+ 5.01% | ເຄມີ | 6.04% | 12.68% | 6.65% |
| ບໍລິສັດ Diamondback Energy Inc. | ຟາງ,
+ 5.23% | ການຜະລິດນ້ ຳ ມັນແລະອາຍແກັສ | 5.56% | 13.63% | 8.08% |
| ບໍລິສັດ Best Buy Co. | BBY,
+ 5.86% | ຮ້ານຂາຍເຄື່ອງໄຟຟ້າ/ເຄື່ອງໃຊ້ໄຟຟ້າ | 5.53% | 14.08% | 8.55% |
| ບໍລິສັດ Viatris Inc. | VTRS,
+ 5.62% | ຢາ | 5.50% | 28.95% | 23.45% |
| Prudential Financial Inc. | PRU,
+ 5.66% | ປະກັນຊີວິດ/ສຸຂະພາບ | 5.38% | 13.30% | 7.91% |
| ບໍລິສັດ Ford Motor | F,
+ 7.76% | ພາຫະນະມໍເຕີ | 5.23% | 15.95% | 10.72% |
| ບໍລິສັດ Invesco Ltd. | IVZ,
+ 6.76% | ຜູ້ຈັດການການລົງທຶນ | 5.23% | 14.95% | 9.73% |
| Franklin Resources Inc. | ເບນ,
+ 4.37% | ຜູ້ຈັດການການລົງທຶນ | 5.17% | 13.21% | 8.04% |
| Kontoor Brands Inc. | KTB,
+ 0.73% | ເຄື່ອງແຕ່ງກາຍ/ເກີບ | 5.17% | 14.15% | 8.98% |
| Seagate Technology Holdings PLC | STX,
+ 4.09% | Computer Peripherals | 5.11% | 13.19% | 8.07% |
| Foot Locker Inc. | FL,
+ 1.35% | ຂາຍຍ່ອຍເຄື່ອງແຕ່ງກາຍ/ເກີບ | 5.03% | 15.52% | 10.49% |
| ແຫຼ່ງຂໍ້ມູນ: FactSet |
ຫນ້າຈໍຫຼັກຊັບໃດໆມີຂໍ້ຈໍາກັດຂອງມັນ. ຖ້າທ່ານມີຄວາມສົນໃຈໃນຫຼັກຊັບທີ່ລະບຸໄວ້ຢູ່ທີ່ນີ້, ມັນດີທີ່ສຸດທີ່ຈະເຮັດການຄົ້ນຄວ້າຂອງທ່ານເອງ, ແລະມັນງ່າຍທີ່ຈະເລີ່ມຕົ້ນໂດຍການຄລິກໃສ່ tickers ໃນຕາຕະລາງສໍາລັບຂໍ້ມູນເພີ່ມເຕີມກ່ຽວກັບແຕ່ລະບໍລິສັດ. ກົດ ທີ່ນີ້ ສໍາລັບຄໍາແນະນໍາລາຍລະອຽດຂອງ Tomi Kilgore ກ່ຽວກັບຄວາມຮັ່ງມີຂອງຂໍ້ມູນຂ່າວສານສໍາລັບການຟຣີໃນຫນ້າ quote MarketWatch.
For the “estimated FCF yields,” consensus free cash flow estimates for calendar 2023 were used for all companies except the following:
- For the REITs, (Uniti Group Inc.
ຫນ່ວຍງານ,
+ 7.36%
and Macerich Co.
MAC, ທ.
+ 8.18%
), consensus AFFO estimates were used. - Consensus EPS estimates were used for Prudential Financial Inc.
PRU,
+ 5.66%,
ບໍລິສັດ Invesco Ltd.
IVZ,
+ 6.76%
and Franklin Resources Inc.
ເບນ,
+ 4.37%.
ຢ່າລືມ: ຜົນຜະລິດເງິນປັນຜົນໃນຮຸ້ນທີ່ມັກໄດ້ເພີ່ມຂຶ້ນ. ນີ້ແມ່ນວິທີການເລືອກທີ່ດີທີ່ສຸດສໍາລັບຫຼັກຊັບຂອງທ່ານ.
Source: https://www.marketwatch.com/story/21-dividend-stocks-yielding-5-or-more-of-companies-that-will-produce-plenty-of-cash-in-2023-11664903471?siteid=yhoof2&yptr=yahoo
21 ຫຸ້ນສ່ວນປັນຜົນໃຫ້ 5% ຫຼືຫຼາຍກວ່ານັ້ນຂອງບໍລິສັດທີ່ຈະຜະລິດເງິນສົດຫຼາຍໃນປີ 2023
When the stock market has jumped two days in a row, as it has now, it is easy to become complacent.
But the Federal Reserve isn’t finished raising interest rates, and recession talk abounds. Stock investors aren’t out of the woods yet. That can make dividend stocks attractive if the yields are high and the companies produce more cash flow than they need to cover the payouts.
Below is a list of 21 stocks drawn from the S&P Composite 1500 Index
+ 3.12%
+ 3.06% ,
+ 3.18%
+ 3.80% .
SP1500,
that appear to fit the bill. The S&P Composite 1500 is made up of the S&P 500
SPX,
S&P 400 Mid Cap Index
ກາງ,
ແລະດັດຊະນີ S&P Small Cap 600
SML,
The purpose of the list is to provide a starting point for further research. These stocks may be appropriate for you if you are looking for income, but you should do your own assessment to form your own opinion about a company’s ability to remain competitive over the next decade.
Cash flow is key
One way to measure a company’s ability to pay dividends is to look at its free cash flow yield. Free cash flow is remaining cash flow after planned capital expenditures. This money can be used to pay for dividends, buy back shares (which can raise earnings and cash flow per share), or fund acquisitions, organic expansion or for other corporate purposes.
If we divide a company’s estimated annual free cash flow per share by its current share price, we have its estimated free cash flow yield. If we compare the free cash flow yield to the current dividend yield, we may see “headroom” for cash to be deployed in ways that can benefit shareholders.
For this screen, we began with the S&P Composite 1500, then narrowed the list as follows:
For real-estate investment trusts, dividend-paying ability is measured by funds from operations (FFO), a non-GAAP figure that adds depreciation and amortization back to earnings. Adjusted funds from operations (AFFO) takes this a step further, subtracting cash expected to be used to maintain properties. So for the two REITs on the list, the FCF yield column makes use of AFFO.
For many companies in the financial sector, especially banks and insurers, free cash flow figures aren’t available, so the screen made use of earnings-per-share estimates. These are generally considered to run close to actual cash flow for these heavily regulated industries.
Here are the 21 companies that passed the screen, with dividend yields of at least 5% and estimated 2023 FCF yields at least twice the current payout. They are sorted by dividend yield:
ຫນ້າຈໍຫຼັກຊັບໃດໆມີຂໍ້ຈໍາກັດຂອງມັນ. ຖ້າທ່ານມີຄວາມສົນໃຈໃນຫຼັກຊັບທີ່ລະບຸໄວ້ຢູ່ທີ່ນີ້, ມັນດີທີ່ສຸດທີ່ຈະເຮັດການຄົ້ນຄວ້າຂອງທ່ານເອງ, ແລະມັນງ່າຍທີ່ຈະເລີ່ມຕົ້ນໂດຍການຄລິກໃສ່ tickers ໃນຕາຕະລາງສໍາລັບຂໍ້ມູນເພີ່ມເຕີມກ່ຽວກັບແຕ່ລະບໍລິສັດ. ກົດ ທີ່ນີ້ ສໍາລັບຄໍາແນະນໍາລາຍລະອຽດຂອງ Tomi Kilgore ກ່ຽວກັບຄວາມຮັ່ງມີຂອງຂໍ້ມູນຂ່າວສານສໍາລັບການຟຣີໃນຫນ້າ quote MarketWatch.
For the “estimated FCF yields,” consensus free cash flow estimates for calendar 2023 were used for all companies except the following:
ຫນ່ວຍງານ,
and Macerich Co.
MAC, ທ.
), consensus AFFO estimates were used.
PRU,
ບໍລິສັດ Invesco Ltd.
IVZ,
and Franklin Resources Inc.
ເບນ,
ຢ່າລືມ: ຜົນຜະລິດເງິນປັນຜົນໃນຮຸ້ນທີ່ມັກໄດ້ເພີ່ມຂຶ້ນ. ນີ້ແມ່ນວິທີການເລືອກທີ່ດີທີ່ສຸດສໍາລັບຫຼັກຊັບຂອງທ່ານ.
Source: https://www.marketwatch.com/story/21-dividend-stocks-yielding-5-or-more-of-companies-that-will-produce-plenty-of-cash-in-2023-11664903471?siteid=yhoof2&yptr=yahoo