Stock Picks – High Dividend Stock Screen: 2-19-2016

Have a lot going on today – my XLE and MRK options expire, not sure what I am going to do yet, but I will cover in detail in a separate post.

Here are this week’s results from my High Dividend Screen – only one bad option:

Magellan Midstream Partners would have to be a lot cheaper for me to contemplate owning an MLP – really don’t think the dividend is safe.

Here are the screen inputs:

1. Morningstar analysis available.
2. Dividend Yield % > = 4.
3. Dividend Growth % Past 5 Years > = 10.
4. Payout Ratio Trailing 12 Months < 75
5. Morningstar rating 4 or more stars.
6. Financial Health Grade >= B.
7. Stock Industry not = Asset Management
8. Forward P/E <= 20.