This is loosely based on AAII's Dividend (High Dividend Yield) Screen. As they note, screening for relative high dividend yield is essentially all about buying low and selling high but, to succeed at this strategy, it's important also to identify which which high yielding stocks have the strength to bounce back. The screen looks for a consistent dividend payment and dividend growth track record, as well as a payout ratio below 2/3rds, a dividend growth CAGR above 3% and a yield above the historical average.. more »