Eleven new stocks made January’s Safest Dividend Yields Model Portfolio, which was made available to members on January 19, 2024.
Recap from December’s Picks
On a price return basis, our Safest Dividend Yields Model Portfolio (-4.1%) underperformed the S&P 500 (+0.9%) by 5.0% from December 20, 2023 through January 17, 2024. On a total return basis, the Model Portfolio (-3.8%) underperformed the S&P 500 (+0.9%) by 4.7% over the same time. The best performing large-cap stock was up 1%, and the best performing small-cap stock was up 4%. Overall, 3 out of the 19 Safest Dividend Yield stocks outperformed their respective benchmarks (S&P 500 and Russell 2000) from December 20, 2023 through January 17, 2024.
This report leverages our cutting-edge Robo-Analyst technology to deliver proven-superior[1] fundamental research and support more cost-effective fulfillment of the fiduciary duty of care.
This Model Portfolio only includes stocks that earn an Attractive or Very Attractive rating, have positive free cash flow (FCF) and economic earnings, and offer a dividend yield greater than 3%. Companies with strong free cash flow provide higher quality and safer dividend yields because strong FCF supports the dividend. We think this portfolio provides a uniquely well-screened group of stocks that can help clients outperform.
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1 Response to "Featured Stock in January’s Safest Dividend Yields Model Portfolio"
Great report! As a new client, I appreciate the plain language explanations as to why CMA’s pension adjustments are a potential boon to CMA in the future. I zeroed in on the last paragraphs of the stock valuation, balance sheet and income sections. I’ve never had a great experience with banks. All the ratios can look great until some long time customer’s loans go bust and there need to be additions to the loan loss reserve account. Assuming no loan etc., type surprises, the information here gives one a bit more confidence that there is some room for management to “massage” the numbers. Still need to wrap my mind around all the new concepts, but this information allows one to follow the numbers with greater confidence.