A High-Dividend Stock Screen with Weekly Equal-Weight Rebalancing

Summary

This example describes a high-dividend stock selection model for the Chinese equity market. It first excludes special-treatment stocks, suspended stocks, and Beijing Stock Exchange listings. Within the remaining universe, it selects the 300 largest companies by free-float market capitalization, requires positive earnings and at least one year since listing, then ranks candidates by dividend yield.

The example portfolio holds three stocks at equal weights, rebalances at the start of each week, and uses a one-week holding period. It specifies a historical evaluation window from January 2023 through early July 2024, but gives no returns, risk statistics, benchmark comparison, or implementation details. The page labels the model as an example, so it serves as a concise illustration of screening, ranking, and rebalance rules rather than evidence of effectiveness.

Key ideas

• The screen removes special-treatment, suspended, and Beijing Stock Exchange stocks.
• It selects from the 300 largest stocks by free-float market capitalization, with positive earnings and at least one year of listing history.
• Eligible stocks are ranked by dividend yield.
• The example holds three names equally and rebalances weekly with a one-week holding period.
• The stated backtest window has no accompanying performance results.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.