I read a fellow tonight on another board who - well, first do folks know what a Chowder number is? It is now a part of the CCC list. It is the current yield + the 5 yr dividend growth rate. So, a company that paid 3% current yield and had a 5 year growth rate of 12% would have a Chowder number of 15.
That takes care of the Current yield and dividend growth part.
Then he adds the Simply Safe Dividends safety number and comes up with one number to use to compare companies.
So, if the above company had a safety score of 70, its over all score would 85.
It sounds like it has Merit, but I need to take a closer look at it with companies in our portfolios (as a reminder, our portfolios refers to mine and the iWife's.
What do you folks think?
That takes care of the Current yield and dividend growth part.
Then he adds the Simply Safe Dividends safety number and comes up with one number to use to compare companies.
So, if the above company had a safety score of 70, its over all score would 85.
It sounds like it has Merit, but I need to take a closer look at it with companies in our portfolios (as a reminder, our portfolios refers to mine and the iWife's.
What do you folks think?