I just ran my MFI Formula Screen against top 50 over $200m. This then filters that list so you only get stocks with a dividend yield > 2.4% and market cap greater than $800m. Here is filtered list:
I gotta tell you. When I look at these 11 names, I am very unexcited. If I were bringing my biases to the table, there are not many names here I'd buy.
MO - just seems tobacco is out. Vaping is growing. Weed is growing. These firms have a lot of debt. I don't know.
BBY - retail just in continuously under fire.
HRB - one of better looking names to me. I guess fear is that new tax laws are "simpler" so fewer will use HRB. Also, definitely subject to disruption.
BKE - see BBY.
CJREF - TV broadcasting. Looks ok but this is another area under direct attack with rise of you Tube, Netflix etc.
GME - probably worse retail than BKE and BBY. Seems dividend cut is imminent.
HPQ - maybe one of better options.
KLAC - a lot of people think we're in down cycle for semi manufacturers. But again, looks like one of better options to me.
STX - ok with this, I guess Tech is my investment of choice.
VGR - see MO, but perhaps even more at risk. I could see a dividend cut here.
VIAB - under attack like CJREF (do kids still watch Nickelodeon?). But, still a top 5 on this list for me.
So 6 names here I'd be cautiously optimistic about. One or two I just really would not want to buy for fear of dividend cut.
We will see how things change by 4/1.