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Dividend looks at iqfeed fundamental data to look for dividend based equities.

Example output:

exchange,symbol,yield,rate,amount,vol,exdiv,payed,trade,option
AFCG,NASDAQ,11.98,2.24,0.56,218000,2022-Jun-29,2022-Jul-15,18.85,AFCG
ALTY,NASDAQ,8.21,0.9961,0.0672,14000,2022-Aug-03,2022-Aug-11,12.13,ALTY
BKCH,NASDAQ,13.55,0.9685,0.0345,193000,2022-Jun-29,2022-Jul-08,7.3,BKCH
BKEPP,NASDAQ,8.19,0.715,0.1787,28000,2022-Aug-04,2022-Aug-12,8.73,
CCAP,NASDAQ,9.27,1.64,0.05,49000,2022-Sep-01,2022-Sep-15,17.76,CCAP
COMT,NASDAQ,14.11,5.4941,5.4941,466000,2021-Dec-13,2021-Dec-17,38.93,COMT
....

The configuration file:

$ cat x64/debug/dividend.cfg
listed_market=NYSE
listed_market=NYSE_ARCA
listed_market=NYSE_AMERICAN
listed_market=NASDAQ
listed_market=NCM
listed_market=NGM
listed_market=NGSM
ignore_name=LYPHF
security_type=EQUITY
security_state=XFLT,portfolio
minimum_yield=8.0
minimum_volume=5000
max_in_transit=40

Something to consider for calculations:

  • highest-yielding monthly dividend stocks with market capitalizations of at least $1 billion and payout ratios below 100%, meaning they are paying out less in dividends per share than they are bringing in in earnings per share (EPS)
  • order by forward dividend yield, which is calculated by dividing the sum of a company’s projected dividend payouts over the next year by its current share price.

Source of ideas:

Key Calculations:

  • Market Capitalization = Outstanding Shares x Stock Price
  • Earnings per Share = (Net Income - Preferred Dividends) ÷ Average Oustanding Common Shares
  • Cash Flow per Share = (Operating Cash Flow – Preferred Dividends) ÷ Common Shares Outstanding

Concepts:

  • Announcement date: The date a company declares a dividend.
  • Ex-dividend date: The first trading day on which buyers of a stock no longer qualify for a previously declared dividend is called the ex-dividend date, or simply the ex-date. For instance, if a dividend has an ex-date of Tuesday, June 5, only the shareholders who purchased the stock prior to June 5 are eligible for the payment.
  • Record date: The record date is the cut-off date set by the company to determine the roster of shareholders eligible to receive a dividend. Since it currently takes two days to settle a share purchase, the record date is typically the next business day after the ex-date (and two trading days after the last day on which share buyers qualify for a previously declared dividend).
  • Payment date: The company pays the dividend on the payment date, also known as the payable date, which is when the money gets credited to investors' accounts.
  • Short Stock: The borrower of the stock is responsible for paying any dividends to the lenders.
  • https://www.investopedia.com/ask/answers/042215/if-investor-short-dividendpaying-stock-record-date-are-they-entitled-dividend.asp