As people may know, I have been tracking MFI stocks since January 2006. One of my regular exercises is to pull 50 stocks greater than 100m in market cap every month and track how they perform over the next year. I thought it might be insightful to look at two key metrics: (1) the distribution of stocks, meaning what stocks have been on the list most often and (2) how high dividend stocks performed. A standard technique that worked for many years was the "Dogs of the Dow", where each year you purchased the Dow stocks that had the highest dividend yields. Regretfully, I have not kept records on dividend yields, but I have gone through the list and eye-balled stocks that have traditionally had high-yields. I think people will find the results interesting.Without further ado, here's the distribution of stocks and times each stock has been picked. There have been 52 monthly portfolios, so that would be the hypothetical max.
| Row Labels | Count of Stock | High Dividend |
| KFY | 42 | 0 |
| EGY | 39 | 0 |
| KG | 37 | 0 |
| USMO | 36 | 1 |
| VPHM | 34 | 0 |
| PPD | 32 | 0 |
| DLX | 32 | 1 |
| UNTD | 30 | 1 |
| PACR | 29 | 0 |
| bbsi | 28 | 0 |
| BVF | 27 | 1 |
| ELNK | 27 | 1 |
| FTO | 27 | 0 |
| HSII | 26 | 0 |
| rail | 22 | 0 |
| HLF | 22 | 0 |
| CHKE | 20 | 1 |
| MTEX | 20 | 0 |
| AEO | 20 | 0 |
| CSKI | 20 | 0 |
| VALU | 20 | 0 |
| EME | 19 | 0 |
| FTD | 19 | 1 |
| HOC | 19 | 0 |
| pncl | 19 | 0 |
| NOOF | 18 | 0 |
| NTRI | 18 | 0 |
| VRGY | 17 | 0 |
| FRX | 17 | 0 |
| TRA | 17 | 0 |
| ENDP | 16 | 0 |
| FWLT | 16 | 0 |
| ICFI | 16 | 0 |
| SOLR | 15 | 0 |
| QCOR | 15 | 0 |
| WON | 15 | 0 |
| MRX | 15 | 0 |
| KSWS | 15 | 0 |
| TZOO | 15 | 0 |
| GHM | 15 | 0 |
| JTX | 15 | 0 |
| ASPV | 14 | 0 |
| CF | 14 | 0 |
| TCK | 14 | 0 |
| debs | 14 | 0 |
| pbh | 14 | 0 |
| HLYS | 13 | 0 |
| GTLS | 13 | 0 |
| LO | 13 | 1 |
| FDG | 13 | 1 |
| FIX | 13 | 0 |
| ovti | 13 | 0 |
| trlg | 12 | 0 |
| MLHR | 12 | 0 |
| ttt | 12 | 0 |
| EXBD | 12 | 0 |
| VCLK | 12 | 0 |
| pwei | 12 | 0 |
| hnr | 12 | 0 |
| deck | 12 | 0 |
| JAKK | 12 | 0 |
| IVAC | 11 | 0 |
| MDP | 11 | 0 |
| lrw | 11 | 0 |
| CONN | 11 | 0 |
| NUE | 11 | 0 |
| AVCI | 11 | 0 |
| UEPS | 11 | 0 |
| amed | 11 | 0 |
| VCI | 11 | 0 |
| tpc | 11 | 0 |
| ACN | 11 | 0 |
| FCX | 11 | 0 |
| PALM | 11 | 0 |
| PCU | 11 | 1 |
| SCMP | 10 | 0 |
| CITP | 10 | 0 |
| CVCO | 10 | 0 |
| mstr | 10 | 0 |
| VGR | 10 | 1 |
| LRCX | 10 | 0 |
| FLR | 10 | 0 |
| GNI | 10 | 1 |
| CBI | 10 | 0 |
| MVL | 10 | 0 |
| KBR | 10 | 0 |
| BPT | 10 | 1 |
| RTN | 10 | 0 |
| AXCA | 10 | 0 |
| WNR | 10 | 0 |
| PRGX | 10 | 0 |
| HBMFF.PK | 10 | 0 |
| JCOM | 10 | 0 |
| SWIR | 9 | 0 |
| UTA | 9 | 0 |
| TRID | 9 | 0 |
| CECO | 9 | 0 |
| LCAV | 9 | 0 |
| gvhr | 9 | 0 |
| IPHS | 9 | 0 |
| CEU | 9 | 0 |
| JH | 9 | 1 |
| DTPI | 9 | 0 |
| csgs | 9 | 0 |
| HRB | 9 | 0 |
| CTCM | 9 | 0 |
| CHCG.OB | 9 | 0 |
| SIMG | 9 | 0 |
| CRYP | 8 | 0 |
| opmr | 8 | 0 |
| play | 8 | 0 |
| TSRA | 8 | 0 |
| COH | 8 | 0 |
| XJT | 8 | 0 |
| CUTR | 8 | 0 |
| SCSS | 8 | 0 |
| MHP | 8 | 0 |
| EPAX | 8 | 0 |
| SHOO | 8 | 0 |
| SAI | 8 | 0 |
| EGLT | 7 | 0 |
| GIB | 7 | 0 |
| MSB | 7 | 1 |
| GME | 7 | 0 |
| WFR | 7 | 0 |
| PMTI | 7 | 0 |
| BARE | 7 | 0 |
| MOT | 7 | 0 |
| DIVX | 7 | 0 |
| OMPI | 7 | 0 |
| VTRU | 7 | 0 |
| PRIM | 7 | 0 |
| GIGM | 7 | 0 |
| PTIE | 7 | 0 |
| ITWO | 7 | 0 |
| WTW | 7 | 0 |
| RGR | 7 | 0 |
| QXM | 6 | 0 |
| IILG | 6 | 0 |
| IDAR.PK | 6 | 1 |
| BDY | 6 | 0 |
| SNTA | 6 | 0 |
| INTX | 6 | 0 |
| CAST | 6 | 0 |
| THO | 6 | 0 |
| ARO | 6 | 0 |
| HCKT | 6 | 0 |
| DELL | 6 | 0 |
| MTW | 6 | 0 |
| IBAS | 6 | 0 |
| NXG | 6 | 0 |
| ELOS | 6 | 0 |
| IUSA | 6 | 0 |
| RHI | 6 | 0 |
| PTEN | 6 | 0 |
| VIA-B | 6 | 0 |
| AYI | 6 | 0 |
| BVSN.OB | 6 | 0 |
| TTWO | 6 | 0 |
| PDLI | 6 | 0 |
| BR | 6 | 0 |
| DEPO | 6 | 0 |
| PCR | 6 | 0 |
| IMMU | 6 | 0 |
| IAR | 6 | 1 |
| KHD | 6 | 0 |
| TGB | 5 | 0 |
| PFE | 5 | 1 |
| CBPO | 5 | 0 |
| IDCC | 5 | 0 |
| SRDX | 5 | 0 |
| INT | 5 | 0 |
| VM | 5 | 0 |
| CNU | 5 | 0 |
| ODSY | 5 | 0 |
| APOL | 5 | 0 |
| PRXI | 5 | 0 |
| KOSP | 5 | 0 |
| ALOY | 5 | 0 |
| ASEI | 5 | 0 |
| CALM | 5 | 1 |
| CYTK | 5 | 0 |
| HAS | 5 | 0 |
| MWW | 5 | 0 |
| NSS | 5 | 0 |
| PBT | 5 | 1 |
| SHE | 4 | 0 |
| NOV | 4 | 0 |
| DGX | 4 | 0 |
| ANIK | 4 | 0 |
| AMSG | 4 | 0 |
| MEDQ.PK | 4 | 0 |
| USNA | 4 | 0 |
| MLNX | 4 | 0 |
| CHKP | 4 | 0 |
| DAR | 4 | 0 |
| PRM | 4 | 0 |
| DBTK | 4 | 0 |
| RDYN | 4 | 0 |
| NSR | 4 | 0 |
| UIC | 4 | 0 |
| char.pk | 4 | 0 |
| NVDA | 4 | 0 |
| EPIQ | 4 | 0 |
| ardna | 3 | 0 |
| SPSS | 3 | 0 |
| GYI | 3 | 0 |
| DHX | 3 | 0 |
| TBI | 3 | 0 |
| HIRE | 3 | 0 |
| UIS | 3 | 0 |
| MTXX | 3 | 0 |
| SMED | 3 | 0 |
| ahci | 3 | 0 |
| CREL | 3 | 0 |
| IVII | 3 | 0 |
| LMS | 3 | 0 |
| PROJ | 3 | 0 |
| GLBL | 3 | 0 |
| KNXA | 3 | 0 |
| UST | 3 | 1 |
| ptsc.ob | 3 | 0 |
| SLXP | 3 | 0 |
| QLTI | 3 | 0 |
| SPMD | 3 | 0 |
| ARP | 3 | 0 |
| HPY | 3 | 0 |
| MRGE | 3 | 0 |
| SYNA | 3 | 0 |
| LXK | 3 | 0 |
| TBL | 3 | 0 |
| CLE | 3 | 0 |
| TGIS | 3 | 0 |
| FCGI | 3 | 0 |
| TWX | 3 | 0 |
| BKE | 3 | 0 |
| NVTL | 3 | 0 |
| alda | 3 | 0 |
| ASGN | 3 | 0 |
| MSO | 3 | 0 |
| LOOP | 3 | 0 |
| ALJ | 3 | 0 |
| MIPS | 3 | 0 |
| SIGM | 3 | 0 |
| WDC | 3 | 0 |
| RAI | 3 | 1 |
| MD | 3 | 0 |
| ESI | 3 | 0 |
| DRC | 3 | 0 |
| DK | 2 | 0 |
| CLZR | 2 | 0 |
| PDII | 2 | 0 |
| QDEL | 2 | 0 |
| WMCO | 2 | 0 |
| cmtl | 2 | 0 |
| TNDM | 2 | 0 |
| LOJN | 2 | 0 |
| PLTE | 2 | 0 |
| CDWC | 2 | 0 |
| WBC | 2 | 0 |
| LPX | 2 | 0 |
| OPTV | 2 | 0 |
| ABC | 2 | 0 |
| BWLRF.PK | 2 | 0 |
| EZM | 2 | 0 |
| MGLN | 2 | 0 |
| nath | 2 | 0 |
| CRAY | 2 | 0 |
| JRC | 2 | 0 |
| UTMD | 2 | 0 |
| INFI | 2 | 0 |
| LGTY | 2 | 0 |
| AGX | 2 | 0 |
| PRSC | 2 | 0 |
| SHFK.PK | 2 | 0 |
| AMSWA | 2 | 0 |
| nus | 2 | 0 |
| ORCT | 2 | 0 |
| MAT | 2 | 0 |
| DPZ | 2 | 0 |
| FORD | 2 | 0 |
| TKTM | 2 | 0 |
| MAXY | 2 | 0 |
| CALL | 2 | 0 |
| NX | 2 | 0 |
| XOMA | 2 | 0 |
| SNCR | 2 | 0 |
| ADSK | 2 | 0 |
| BRL | 2 | 0 |
| CBST | 2 | 0 |
| SNTS | 2 | 0 |
| BBND | 2 | 0 |
| FTAR.OB | 2 | 0 |
| GRMN | 2 | 0 |
| HTRN | 2 | 0 |
| AIRV | 2 | 0 |
| CJR | 2 | 1 |
| PRO | 2 | 0 |
| CHE | 2 | 0 |
| AEOS | 2 | 0 |
| SUPX | 2 | 0 |
| wins | 2 | 0 |
| SVM | 2 | 0 |
| HHS | 2 | 0 |
| ONTY | 2 | 0 |
| LNCR | 2 | 0 |
| DISH | 2 | 0 |
| pgi | 2 | 0 |
| TRB | 1 | 0 |
| MNST | 1 | 0 |
| EFX | 1 | 0 |
| HRS | 1 | 0 |
| AGYS | 1 | 0 |
| BFT | 1 | 0 |
| BBBY | 1 | 0 |
| BID | 1 | 0 |
| VFC | 1 | 0 |
| ISSC | 1 | 0 |
| WSTC | 1 | 0 |
| QKLS | 1 | 0 |
| drco | 1 | 0 |
| QLGC | 1 | 0 |
| camp | 1 | 0 |
| CLF | 1 | 0 |
| KMG | 1 | 0 |
| LHCG | 1 | 0 |
| GPS | 1 | 0 |
| AFAM | 1 | 0 |
| ponr | 1 | 0 |
| LINC | 1 | 0 |
| INTC | 1 | 0 |
| AVP | 1 | 0 |
| ZINC | 1 | 0 |
| RECN | 1 | 0 |
| MFB | 1 | 0 |
| BIDZ | 1 | 0 |
| tpx | 1 | 0 |
| rhb | 1 | 0 |
| ctt | 1 | 0 |
| liz | 1 | 0 |
| gisx | 1 | 0 |
| rimg | 1 | 0 |
| PER | 1 | 0 |
| RL | 1 | 0 |
| GMR | 1 | 0 |
| AOB | 1 | 0 |
| GNK | 1 | 0 |
| nobh | 1 | 0 |
| GTI | 1 | 0 |
| SAPE | 1 | 0 |
| CBEH | 1 | 0 |
| SCC | 1 | 0 |
| PRAI | 1 | 0 |
| bld | 1 | 0 |
| moss | 1 | 0 |
| AFCE | 1 | 0 |
| HEW | 1 | 0 |
| SEPR | 1 | 0 |
| PTEC | 1 | 0 |
| SHAW | 1 | 0 |
| AMAT | 1 | 0 |
| NOVA | 1 | 0 |
| CPY | 1 | 0 |
| NPSP | 1 | 0 |
| CRAI | 1 | 0 |
| CMFO | 1 | 0 |
| GBE | 1 | 0 |
| ANF | 1 | 0 |
| gci | 1 | 0 |
| ntgr | 1 | 0 |
| PD | 1 | 0 |
| slnk | 1 | 0 |
| TSCM | 1 | 0 |
| IWV | 1 | 0 |
| GIS | 1 | 0 |
| DEXO | 1 | 0 |
| TWLL | 1 | 0 |
| HOG | 1 | 0 |
| TYPE | 1 | 0 |
| CHRD | 1 | 0 |
| HW | 1 | 0 |
| JEC | 1 | 0 |
| PII | 1 | 0 |
| SOAP | 1 | 0 |
| CATT | 1 | 0 |
| COG | 1 | 0 |
| KNDL | 1 | 0 |
| JOYG | 1 | 0 |
| MMM | 1 | 0 |
| MAS | 1 | 0 |
| EGN | 1 | 0 |
| MASI | 1 | 0 |
| VDSI | 1 | 0 |
| STEC | 1 | 0 |
| caw | 1 | 0 |
| APKT | 1 | 0 |
| VLCM | 1 | 0 |
| SVA | 1 | 0 |
| MMS | 1 | 0 |
| aplx | 1 | 0 |
| BDK | 1 | 0 |
| MCK | 1 | 0 |
| MOS | 1 | 0 |
| SWK | 1 | 0 |
| WG | 1 | 0 |
| HURC | 1 | 0 |
| ANPI | 1 | 0 |
| talk | 1 | 0 |
| HGG | 1 | 0 |
| AZO | 1 | 0 |
| cvgi | 1 | 0 |
| KCI | 1 | 0 |
| ELX | 1 | 0 |
| TBV | 1 | 0 |
| BEBE | 1 | 0 |
| TC | 1 | 0 |
Now, I defined Higher yielding stocks as those that often exceeded 4% per my memory. Not perfect I know. The benchmark is that if you bought every stock at every point in time on this list, the average stock is up 6%. Now if you only selected the stocks listed above... slow and boring stocks like USMO, DLX, ELNK and UNTD.
| Dividend | All MFI | |
| Average of Percent Change | ||
| Date | Total | Total |
| 1/6/2006 | 26.8% | 16.0% |
| 3/29/2006 | 63.7% | 13.0% |
| 4/7/2006 | 25.0% | 10.3% |
| 5/12/2006 | 24.9% | 20.4% |
| 5/31/2006 | 48.4% | 29.2% |
| 6/30/2006 | 39.1% | 22.4% |
| 7/31/2006 | 61.0% | 19.7% |
| 8/31/2006 | 36.8% | 13.0% |
| 9/28/2006 | 41.8% | 12.7% |
| 10/27/2006 | 45.5% | 10.3% |
| 11/29/2006 | 46.9% | -0.3% |
| 12/28/2006 | 17.6% | -6.9% |
| 1/26/2007 | 13.7% | -10.2% |
| 2/27/2007 | 40.0% | -3.7% |
| 3/26/2007 | 41.8% | -9.8% |
| 4/27/2007 | 23.3% | -10.9% |
| 5/29/2007 | 47.4% | -11.5% |
| 7/3/2007 | 3.8% | -30.0% |
| 7/30/2007 | -8.6% | -19.9% |
| 8/30/2007 | 7.7% | -12.5% |
| 9/27/2007 | -8.0% | -19.0% |
| 11/2/2007 | -30.2% | -40.4% |
| 11/28/2007 | -34.0% | -40.1% |
| 12/28/2007 | -37.6% | -36.3% |
| 1/25/2008 | -17.3% | -36.4% |
| 2/26/2008 | -31.3% | -51.7% |
| 3/24/2008 | -40.7% | -40.9% |
| 4/25/2008 | -12.0% | -25.6% |
| 5/28/2008 | -13.3% | -22.2% |
| 7/2/2008 | -0.4% | -11.7% |
| 7/29/2008 | 3.6% | -10.5% |
| 8/29/2008 | -12.8% | -13.8% |
| 9/26/2008 | -0.2% | -4.3% |
| 10/31/2008 | 18.6% | 18.7% |
| 11/26/2008 | 44.3% | 50.9% |
| 12/26/2008 | 36.0% | 48.9% |
| 1/23/2009 | 29.9% | 59.3% |
| 2/27/2009 | 96.5% | 92.8% |
| 3/27/2009 | 121.0% | 85.8% |
| 4/24/2009 | 58.8% | 69.7% |
| 5/29/2009 | 33.0% | 39.7% |
| 6/29/2009 | 27.9% | 33.3% |
| 7/29/2009 | 20.3% | 29.4% |
| 8/28/2009 | 14.4% | 16.5% |
| 9/25/2009 | 12.0% | 12.4% |
| 10/30/2009 | 22.6% | 17.2% |
| 11/27/2009 | 26.5% | 13.7% |
| 12/31/2009 | 20.3% | 8.1% |
| 1/22/2010 | 18.6% | 6.6% |
| 2/26/2010 | 15.3% | 6.9% |
| 3/25/2010 | 7.2% | -0.1% |
| 4/23/2010 | -0.8% | -5.1% |
| Grand Total | 16.8% | 6.0% |
Wow! 16.8% average versus overall 6%! Think I will go buy some ELNK.
Sellers Regret
I sold HCKT a week too early, though I was following the "rules".
| The Hackett Group, Inc. (NGM) |  |
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