It's great to see you diving into the Fintel screener to identify high-yield opportunities, Timothy! Your approach to refining your search with dividend growth and frequency is a smart way to filter for potentially sustainable income streams.
Here's how you can incorporate those parameters into your Fintel screener:
Ordering Results by Dividend Yield
To order your results, once you've run your initial screen, you'll typically find sorting options directly on the results page. On Fintel's platform, after your screener generates the list of stocks, you can click on the column header for "Dividend Yield" (or any other metric) to sort the results in ascending or descending order. This allows for quick identification of the highest or lowest yields within your specified range.
Filtering by Dividend Frequency and Ex-Dividend Dates
Fintel's screener offers robust filtering capabilities for dividend characteristics.
- Dividend Frequency: You can filter by dividend frequency directly within the screener. Look for a parameter related to "Dividend Frequency" or "Payment Frequency" where you can select options like "Monthly," "Quarterly," "Annually," etc. This will narrow down your list to only those stocks paying dividends at your desired interval. While weekly dividends are less common for individual stocks, some ETFs or specialized products might offer them, and the screener would reflect available data.
- Ex-Dividend Dates: To view ex-dividend dates, after running your screen and filtering by frequency, you can often add "Ex-Dividend Date" as a column to your results table. Many Fintel pages, including those for individual stock profiles, also prominently display upcoming ex-dividend dates, payment dates, and dividend history. This allows you to plan your purchases to capture upcoming dividends.
Excluding Negative Dividend Growth
This is a crucial filter for identifying companies with a commitment to increasing shareholder returns.
- Dividend Growth Filter: Fintel's screener includes metrics related to dividend growth. You'll want to look for a parameter such as "Dividend Growth (2 Year)" or "Dividend Growth (24 Month)". You can then set a minimum value for this parameter, for example, "greater than 0%" or "greater than 0.01%" to exclude any stocks that have experienced negative dividend growth over the last 24 months. This helps in identifying companies with a consistent track record of dividend increases, which can be a strong indicator of financial health and management's confidence in future earnings.
By combining these filters, you can significantly refine your search for dividend-paying stocks that align with your investment strategy.