Sunday, 26. February 2017  
27.04.2016 22:19
Author: Alex Waber

STOCK SCREEN: Dividend Stocks With Solid Margin-Of-Safety

 

It has been very clear in 2016 that Federal Reserve's policy is taking the sluggish world economy into account and is in no hurry to raise rates. This has provided quite a boost for companies with dividend yields that are very attractive. Many of the stocks are now richly valued and vulnerable to a broad market correction or to a rise in interest rates.

 

In looking for ideas this week, we screen for stocks with attractive yields and a steady flow of dividends and with solid upside according to our fundamental fair value estimates and relative strength.

 

Here are the filter criteria:

1. Market capitalization above 1bn.

2. Above 10 percent Upside to Intrinsic Stock Value according to our AVM’s Greenblatt inspired estimate.

3. Dividend Yield above 4 percent.

4. Relative Strength over 12 months

 

Here is our list of stocks matching all criteria in alphabetical order. Company names in the table below are linked to the ANALYZER, our single stock analysis tool. Intrinsic Value Model assumptions can be adapted in the MODELER, our modeling and forecasting environment:

CLICK COMPANY NAME FOR DETAILED STOCK VALUE ANALYSIS

COUNTRY

INDUSTRY

LAST PRICE

MARKET CAP.

MEAN MULTIPLE UPSIDE [%]

GRAHAM UPSIDE [%]

GREENBLATT UPSIDE [%]

PRICE / EARNINGS

DIVIDEND YIELD [%]

 BANK OF GEORGIA HOLDINGS PLC

 United Kingdom

 Banks

2222.00

2854

5.7

-20.9

39.1

7.8

4.4

 BANK OF NOVA SCOTIA

 Canada

 Banks

65.43

78667

14.9

-18.4

16.3

11.0

4.4

 CAN APARTMENT PROP REAL ESTA

 Canada

 REITS

29.87

3738

32.2

-27.6

48.3

16.4

4.1

 CIA DE DISTRIBUCION INTEGRAL

 Spain

 Transportation

19.22

2549

-44.7

43.0

33.6

17.1

4.3

 GENWORTH MI CANADA INC

 Canada

 Insurance

32.22

2958

18.8

53.6

62.4

8.6

5.3

 NN GROUP NV

 Netherlands

 Insurance

30.48

10167

-6.4

4.5

12.6

10.5

4.8

 PERSIMMON PLC

 United Kingdom

 Home Builder

1990.00

6126

-29.5

-49.4

15.0

11.5

5.6

 ROYAL MAIL PLC

 United Kingdom

 Transportation

481.90

4821

7.9

-18.6

15.2

13.5

4.5

 TALANX AG

 Germany

 Insurance

29.41

7434

-10.8

-13.3

30.3

9.5

4.6

 TLG IMMOBILIEN AG

 Germany

 Real Estate

18.27

1232

7.0

-28.0

43.8

15.3

4.4