By Aldwin Keppens - reviewed by Kristoff De Turck
Last update: May 3, 2023
In this article we will discuss the Best Dividend Stocks screen. Our article on evaluating stocks for dividend investing contains some useful background.
Running the screen takes you to the fully configured stock screener page. It has the following filters set:
These are the default settings of the screen, but you can of course easily adjust the filters. You could for instance add "US Only" from the exchange filters to have only US stocks, or pick "S&P500 only" from the Index filter list to look at only stocks from the S&P500. Also a minimum market cap could be useful.
By default the screen will display the "FA table" view and the results are sorted by descending "ChartMill Dividend Rating".
The advantage of the view is that it is consise and give your a first quick overview, the disadvantage is that it does not give you all the information you need yet. But it can inspire you to add more filters. We see for instance that some of the results are not very appreciated by analysts, we could add an additional filter for a minimum Analyst score.
Now we need to evaluate these results. A screener gives you a list of ideas, but it is up to you to go over the list and pick the best ones according to your needs. More information is available in either the "Fundamental" or "Fundamental Report" views. There are 2 options to go through the list:
A good strategy is to go over the list and make an initial judgement while adding things we want to investigate deeper to a watchlist. You can very easily do this by clicking the + sign which is always available.