This blog now has it’s 1,000th post!
Besides that, though, there’s always ‘work’ to do and this is what I’m working on now;
Several suggestions to look at $BDCL $DVHL $MLPL $ETJ $ETB $ETW $SLVO $YYY and $GLDI came to me over the past couple of months so I thought I’d take at least a quick look.
At a glance;
|Symbol||Dividend Yield||Annual Return||Total Return|
Now, if I apply my first rules of screening to this list, only 1 symbol passes the 8% minimum yield and 30% minimum annual return: MLPL with a Total Return score of 48.72%, a very respectable number and worthy of a closer look. But, the next closest contenders bear a closer look as well, with Total Return scores from 30.06% to 35.51%. In order, they are; BDCL, ETW, and DVHL.
I took a look at the daily and weekly charts, and they look pretty good for both MLPL and ETW. The rest look a lot more volatile, price-wise. I won’t show the charts here, so you’ll just have to take my word for it. Besides, taking pictures of the charts and pasting them here takes up lots of room and time and I just don’t have the time today. I will tell you that I look at 4-7 different periods and what I would like to see is a steady upward climb, free from spikes caused possibly by HFT (High Frequency Trading), and steady volume.
MLPL looks to be showing a buying opportunity presently, and ETW shows a bit of churn for the past couple of months. I have no position in either, but will look into tax consequences, and do some further due diligence before taking a bite out of either one.
Data for dividend yield taken from dividend.com.
Data for annual return taken from buyupside.com.
Data is current as of today (July 27, 2014).
Data is unavailable on finviz.com for both BDCL and DVHL. Data for the rest is available, albeit somewhat incomplete for some symbols.
All but BDCL and MLPL pay monthly dividends, which is interesting.
Live long, and prosper!