Rating system for DGI stocks

[fenders53]

(07-27-2021, 09:28 AM)ken-do-nim Wrote: In the article that Fenders just linked on WEC, the author outlines his point system for rating stocks:

1. S&P Credit Rating
2. Consecutive Years of Dividend Increases
3. Current Dividend Yield
4. Payout Ratio
5. Five-year Dividend Growth Rate
6. The Quant Score from Seeking Alpha.
7. Dividend Safety Score.
8. Long-term Debt to Total Capital.

It's pretty neat, though obviously needs some time per stock to calculate.

One of SA's advantages of a premium membership.  For free you can read authors pumping stocks and posting articles just for the fun of triggering grumpy old men.  It's quite effective lol.  That WEC article is outstanding.  I hope he does more UTEs.  That dividend growth chart plus their responsible efforts to grow are why I own them.  I am not sure if he tracks anymore UTEs but I am going to find out.  WEC quant score isn't off the charts compared to other sectors but it's a UTE with a protected income stream because they are mostly regulated.  I.E. they will never be debt free because that's not how the business model has ever worked.  They can leverage 2% financing and know they can get it back in customer rate hikes.