Screening Stocks by Dividend Payout, Price Range, and Float Concentration

Summary

This post describes a stock screen using a 2019 dividend payout ratio above 25%, daily price amplitude, and the proportion of total market value represented by circulating market value. Its refined criteria set amplitude between 1% and 10% and the circulating-to-total market value ratio between 50% and 100%. The sample formula also includes a morning trading-time window and orders candidates by added trading volume. The article frames the inputs as a mix of price movement, market structure, and dividend distribution.

It warns against relying on a fixed payout threshold, technical indicators, historical data, or potentially inaccurate data sources without broader company and market analysis. It recommends considering business quality, diversification, updated criteria, and risk controls. The example code and definitions are not fully consistent, including how the time field maps to the stated trading window. No backtest, benchmark, or evidence that the proposed filters improve returns is supplied, so this is a screening template rather than a validated strategy.

Key ideas

• The refined screen combines a 2019 payout ratio above 25%, price amplitude from 1% to 10%, and a circulating-to-total market value ratio from 50% to 100%.
• The example also applies a morning trading window and ranks candidates by added volume.
• The post cautions that payout history, technical measures, and data quality can mislead when used alone.
• It recommends company analysis, diversification, and risk controls, but provides no performance validation.

Tags

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