David Fourie Stephens Profile picture
Data Scientist | Investor

Jun 25, 2021, 11 tweets

Just want to check something, do you guys screen to find dividend stocks on the #JSE for example? Do you want me to show you what is an easy way IMO?

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Disclaimer: This method will give the dividend stocks you want in seconds and will take you from 0% to 80%. YOU WILL STILL NEED TO VALIDATE THE DIVIDEND COMPANIES BEFORE INVESTING TO SEE IF THEY STILL PAY, ESPECIALLY FOR SA COMPANIES #DYOR

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Google: "free yahoo stock screener" and click on "New Untitled Screener".

Under "Region is" choose "South Africa"

It should look like this with roughly 450 companies.

Scroll down to "Add another filter" and choose "Forward Dividend Yield %" then exit filter selections.

Should now look like this.

Set the dividend yield and find stocks. This will give a list of SA dividend companies. List Reduces from ~450 companies to ~160 companies.

List of dividend stocks listed by market cap.

EXTRA TIP! TO FIND COMPANIES WITH GROWING DIVIDENDS OR COMPANIES THAT HAVE INCREASED THEIR DIVIDEND IN THE LAST YEAR. ADD THE FILTER "Consecutive Years of Dividend Growth". ONLY 18 SA COMPANIES HAD CONSECUTIVE DIVIDEND GROWTH!!

3/

STILL DO YOUR OWN RESEARCH, LIKE STATED THIS ONLY TAKES YOU TO 80%. THE YAHOO SCREENER CAN STILL HAVE ERRORS IN ESPECIALLY FOR SA, BUT IT'S A GREAT START IF YOU DON'T KNOW HOW TO FIND DIVIDEND COMPANIES. BYE BYE.

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