We have gone through another earnings season in Singapore and the dividend payments distributed. However, following the market uncertainty and economic slowdown, investors may wonder if some of the companies will reduce their dividend payouts in the upcoming quarters/years. And given the COVID-19 reality, it is important to filter out the companies that can be in cash flow problems in the future. This way we can select the dividend stocks with “healthier” balance sheet and cash flow statement who can ideally continue to keep or grow their current dividend payout ratio.
For this purpose, I have built a simple stock screener in StocksCafe. If you are not aware of this Singapore-based portfolio tracking tool, you should check my previous post where you can also benefit from the referral code to gain two months of free subscription.
The screener’s main purpose is to identify stocks with strong cash flow statement that can ideally continue to provide consistent dividend payouts.