TIP OF THE WEEK - Use the Free Google Finance Stock Screener to Find High Dividend Stocks

Use the Free Google Finance Stock Screener to Find High Dividend Stocks

Jason Brizic

Jan. 21, 2011

Google Finance has an easy to use stock screener that I use to find high dividend stocks.  Go to:

http://www.google.com/finance/stockscreener

You can select amongst three exchanges: AMEX, NASDAQ, or NYSE.  Or you can choose ALL exchanges to screen from the largest pool of stocks.  You can also filter on Sectors.  This is really useful when you are looking for a high dividend stock in a particular sector to diversify your portfolio.

It starts with four default stock screening criteria: Market capitalization, P/E ratio, Dividend yield in percentage, and 52 week price change in percentage.  There are dozens of additional criteria to choose from.  To add criteria simply click the + Add criteria text and an organized list of additional criteria will be displayed.

Each criterion has two text boxes for you to enter minimum and maximum values.  You can also move two sliders on the distribution graphics that sit in between the text boxes, but I prefer the text boxes for their precision.

I use the following criteria to quickly screen for high dividend stocks:

            Market cap -                         Min 150M (I only want stocks with a market cap over 150 million dollars)

            P/E ration -                          Max 20 (That is the absolute max I’m willing to pay - ever)

            Div yield (%) -                     Min 6 (you know I like 6% or higher)

            52 wk price change (%) -  no min or max (the bigger the loss the better for the contrarian in me)

For more tips, go here:

http://www.myhighdividendstocks.com/category/tip-of-the-week