Monday, November 20, 2023

THREE METRICS IN ADDITION TO DIVIDEND YIELD

 Don’t just rely on the dividend yield, or a low-priced stock that pays dividends can lead to what The Motley Fool calls a « dividend trap »

1. P/E Price-to-Earnings ratio  - the higher the P/E ratio, the more expensive a stock is relative to its earnings

Earnings per share = profits/ number of outstanding shares

P/E =stock price/EPS

2. Free cash flow

More cash in, even if not going out in dividend, is good.

If dividends are greater than cash in, this is a red flag!

3. Debt-to-Equity ratio = total liabilities/total shareholder equity

A Low D-E R is more funded through equity, which is preferred.

A high D-E R means a company is funded more by debt, which is riskier.



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