I have not had a stock pass this screen since March 3, 2016 – not surprisingly, it is the same stock that passed the 52 Week Low screen on Wednesday. Also, not surprisingly – it is a Biotech company – so some caution is advised:
| Ticker | Price | Fair Value | Margin of Safety | Yield % |
| NVO | $32.78 | $39.00 | $6.22 | 4.3% |
Click on the links to research further.
I already have a large position in Gilead Sciences (GILD), but if I can procure Novo Nordisk (NVO) at a substantial discount – I am going to pull the trigger – need that 4.3% yield in my life!
Dividend Millionaire stock picks are based on the following screen:
- Morningstar analysis available.
- Dividend Yield % > = 4.
- Dividend Growth % Past 5 Years > = 10.
- Payout Ratio Trailing 12 Months < 75
- Morningstar rating 4 or more stars.
- Financial Health Grade >= B.
- Stock Industry not = Asset Management
- Forward P/E <= 20.
Extra: Remember to enjoy some good music this week-end:
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