High-Dividend Equity Screening with Valuation and Size Filters

Summary

This sample describes a high-dividend stock-selection model for Chinese equities. The process excludes special-treatment stocks, suspended securities, and Beijing Stock Exchange listings. It then screens for larger companies by market-capitalization rank, relatively low price-to-earnings rank, positive earnings, and a price-to-sales ratio below a specified threshold. The remaining names are ordered by dividend yield.

The proposed portfolio holds 50 stocks at equal weights, keeps positions for one month, and rebalances at the beginning of each month. The stated backtest spans June 2016 to April 2024, and the document points to an implementation, but supplies no results or details on costs, benchmark selection, survivorship bias, or risk controls. Since the page labels this a submission example, the listed thresholds and schedule should be read as a sample specification, not as evidence of durable performance.

Key ideas

• The stock universe excludes special-treatment names, suspended stocks, and Beijing Stock Exchange listings.
• The screen combines market-cap rank, valuation conditions, and dividend-yield ranking.
• The example uses 50 equal-weight holdings with monthly turnover at the start of each month.
• The stated test period is June 2016 through April 2024, but no performance evidence is included.

Tags

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