Happy Friday the 13th! I will add some extra commentary later today – looking for more damage in the retail sector – but first we have our high dividend picks for the day:
| Name | Ticker | Price | Fair Value | Margin of Safety | Yield % | MOS % |
| Eaton Corp PLC | ETN | 54.07 | 65 | $10.93 | 4.1% | 16.82% |
| Magellan Midstream Partners, L.P. | MMP | 63.25 | 76 | $12.75 | 4.6% | 16.78% |
| Waddell & Reed Financial, Inc. | WDR | 35.25 | 42 | $6.75 | 4.8% | 16.07% |
Eaton Corp. looks like a winner, but it would need to get closer to $46.00 per share for me to make a move.
Here are the screen inputs:
- 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.
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