Stock Screening with Turnover, Rising KDJ, and Historical Dividends

Summary

This stock-selection method filters for shares with turnover between 3% and 12%, a rising K value in the KDJ indicator, and a 2019 dividend measure above a stated threshold. The note presents the combination as a way to pair trading activity and improving technical momentum with a history of substantial dividends. It gives a formula reference and a Python example that applies these conditions to a table of stock data.

The article warns that using a past dividend measure can omit other relevant financial information, including valuation and profit growth, and that historical payouts do not ensure future dividends. It suggests adding further fundamental and market context, and possibly considering company size. No backtest, return data, or evidence of predictive value is provided. The screen is a simple candidate-generation rule, and the dividend calculation and indicator definitions would need careful validation before practical use.

Key ideas

• The screen combines a 3%–12% turnover band, an increase in KDJ K, and a 2019 dividend measure above 25% of the prior close.
• The rising KDJ value is intended to capture improving technical momentum.
• A past dividend does not guarantee future payouts and cannot replace broader fundamental analysis.
• The note gives formula and Python references but reports no backtest or investment results.

Tags

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