The Fintel research platform has highlighted these ten U.S. stocks that look attractive in the current market based on their respective dividend scores. The platform’s dividend score combines both a company’s dividend yield and growth to generate a score out of 100 based on its ranking against peer companies on the screen.
The most common companies topping the list this quarter have been energy, mining and listed real-estate companies. American coal mining company Arch Resources (US:ARCH) has moved into the top spot on the dividend leaderboard with a dividend score of 98.98. The company is continuing to make significant profits from inflated revenue as a result of skyrocketing coal prices.
The company has an annualized trailing dividend yield of 15.51% when including special dividends that are being paid to holders. Last week the company reported third quarter earnings and announced a Q3 dividend payment of $10.75 per share as per the firm’s new policy of returning 50% of free cash flow back to shareholders.
Analysts remain bullish on the future outlook of the company with an average ‘buy’ rating and $255 consensus target price for ARCH. Since we last reported on the stock, the average target has risen ~$60. OMF continues to grow its quarterly distribution to investors over time but has halted the payment of surplus capital in the form of special dividends.
Even without the special dividends, the quarterly dividend of 95 cents per share equates to an ordinary dividend yield of 10.28%.
