Finding High Yield Dividend Stocks using Yahoo Finance #Finance

everyone welcome back to Jarbidge Finance today I want to talk about using Yahoo text-decoration: none;">Finance to screen for high dividend Yielding stocks so today we’re looking at high dividend Yield stocks and how to find them this is one of the questions I get more often than any on my channel people always want to know where am

i finding it how do I find them and you know what there there’s not really a lot of high dividend Yield stocks that I am purchasing either on the Canadian market or in the American market and I highly recommend that you guys go to a financial advisor that deals with dividend

paying stocks and pay them their fee so that they can give their personal recommendations on what you should be buying at a given time but if you do want to do it on your own and you want to kind of scroll through and look and do your own research it’s going to take a little bit of time but

I’ll show you how to start to narrow it down so that you can find the dividend Yields that are highest or within the range that you’re looking for so that you can kind of chop off all the dead weight and not look at stocks that you don’t want to use I’m

gonna look at Yahoo Finance if you’ve never used Yahoo Finance before it has

some of the basic market information right here in the center and then it’s bunch of advertising and articles that you might want to look at what we’re looking for today is right at the top it’s called my screeners if you’re logged in to Yahoo you can actually go to your

saved screeners if you want but today I’m gonna show you how to set up a brand new one if you’ve never used this so you go to Equity screener which is what we’re looking for so equities or stocks and it comes up with this screen now really we’re looking at

this Center area what we’re gonna do is it’s gonna show you how many matching stocks you have so right now with the default settings it’s showing zero matching stocks I have to say that this is a pretty glitchy thing be patient with it what you’re gonna want to do is add

these couple of filters that I’m going to show you and then that way you’ll be able to find the stocks that you want the first thing I want to do is just look at how many stocks are available in total so in the American market market if we just click on all of these on the American

Stock Exchange is in Yahoo Finance it’s finding about sixty two hundred stocks now that’s a lot of stocks to individually go through if we add Canada to this

because I’m Canadian and I trade a lot of Canadian stuff can see we have total of 8800 stocks I usually look at these in either American or Canadian stocks so you would turn on whichever at any time so what you want to do is add a filter so down here this add another filter and there’s

quite a lot of options here that you can choose from but rate at the top in share statistics you’re going to look for this checkbox right here it’s called last clothes indicated dividend / stock price now in calculating a percentage that’s the dividend Yield in

dollars divided by the stock price in dollars is going to give you a percentage return of what that dividend is relative to the stock price the other filter that I want to add it’s gonna be an Income I like Shares that make money over time if I look at this

net EPS which is earnings per share diluted and we’re finding out that this was a Profitable share value so the share either made money or the dividend and the share inclusive made money so now those are the only two options that I need last closed indicated dividend / stock

price and the net EPS the net EPS I just wanted to be Profitable so I want it to be above zero and we’re gonna change this to between now now you can enter your percentage range so in this you don’t have to put the percentage sign in just type in the number value so

I’d like to trade Dividends that are in that six to ten percent range so that’s what I’m gonna do I’m gonna put in actually 6 to 12 and now we’re gonna click find stocks we have 479 stocks to choose from that is a lot less than that 6200 that was up

there before one of the things I like to look at is like what is the 52-week range in the case of royal dutch/shell it traded as low as 53 dollars and as high as 70 dollars and you can see this little blue indicator shows that it’s trading right at the top of the range what I’m

typically looking for is I’m looking for stocks that have a really small range I don’t want ones that are super volatile so let’s just scroll down and find something that might be appropriate let’s look at this one here it’s between $15 and $20 and right now it’s

currently trading right in the middle of that range let’s click on on the symbol and see what this looks like so you can see the dividend is six point eight three percent so above our six percent range that we’re looking for and then I’m gonna click on statistics one of the things

I always look at very first is the the dividend payout ratio this is how much the dividend is comparatively to how much money the company is actually bringing in so the payout ratio currently on this company is one hundred and thirty seven percent which means it’s paying up thirty seven

percent more money than it makes I wouldn’t touch this stock let’s look at centurylink thirteen dollars twenty seven dollars I know I’ve looked at this stock before and really for this like quick simple screening that’s all I’m doing I’m just looking for things

that the jump out at me again twelve point seven percent dividend massive dividend it’s good at the statistics and the payout ratio three hundred percent that is so high I am still not going to touch that stock I’m gonna flip over to the Canadian side because I’m a lot more

familiar with the stocks because I don’t trade a lot of American ones for dividend trading because I get taxed quite highly on the Dividends so it’s better for me to be in my native currency for dividend collecting so I’m gonna click on Canada down here and

I’ve found from using this before that it’s better to add the region first and then take off the other one that you don’t want I’ve only got ninety six stocks that I can even look at even looking at this list of ninety six there’s at least ten at the bottom that

aren’t even available like the information is not available so I’m obviously not going to spend time researching something that isn’t big enough to even have the information available on Yahoo text-decoration: none;">Finance so let’s look through the inter pipeline this is one that I have had on the books for a long time trades between twenty two dollars and twenty nine dollars and right now it’s trading at twenty five ninety seven you can see the last price let’s

click on it and just see what the details are paisa six point eight two percent Yield and under statistics the dividend payout ratio I know this is probably gonna be a little high it’s 119 percent I typically like to go for things that have less than a hundred percent payout

ratio but we know that they’re paying out a little bit more right now because if the price of oil is still reduced on the global scale Khem trade well I’ve had this for like 15 years pays a 6.42 percent dividend and if we go to the statistics it’s payout ratio it’s not

actually even listed here sad the one thing about that that’s nice is this stock doesn’t trade in a bit very big range like seventeen to twenty dollars we if we take a look at this let’s look at the max chart and go fullscreen on this so you can see some of my indicators if we go

back five years you’ll see this purple line which is the 200-day moving average and it’s just kind of increased over time and these d’s down here are the Dividends that are paid so every time you see a D and this is going back five years so every time you see a D

that’s a dividend payout so on a two in the last two years it’s paid out Dividends twenty four times once every month if you’ve watched some of my other CashNews.cos that this is in the trading range of buy so at 1887 I would actually buy this because it’s

below both my 200-day moving average and my 50-day moving average so that’s an indicator that was a buy if it was up here above the 200-day moving average I probably wouldn’t be buying it I was looking for new positions in this particular stock then now would be a good time to buy in my

opinion let’s take a look at medical facilities corporation now it’s trading it trains between $11 and $19 it’s on the low end of that scale right now trading at $14 and 13 cents and I have had quite a lot of success with this particular company the Yield seven

point five five percent it’s a nice chunky Yield I know that it pays it monthly click on statistics scroll down here to the payout ratio it’s 85 percent that is where I expect to see a good quality company 85 percent payout ratio means that they’ve got some

Income coming in they’re giving a good chunk of it back to the shareholders but they’re not spending all of the money that they make by giving back the Dividends I’m looking for a high dividend Yield but also a sustainable

dividend Yield now if you want to save this screener you can actually just go save filters and you can just name it whatever you want I could call this Canadian high-Yield dividend stocks click save it says it’s saved at the bottom of the screen and now if I

go to my screeners if I go to my safe just Greeners you can see that it appears right here Canadian high-Yield dividend stock you can also go through some of the preset up ones that Yahoo has hopefully that gives you guys a bit of information about how I like screen for brand new

stocks that I might be adding to my Portfolio in the future now it’s just the very very first step of how I go through choosing a stock but it’s a start thanks so much let’s get rich together you