- Current Yield (%) >= 5 and <= 10
- Price / Earnings <=20
- Price / Book <= 3
- Market Capitalization >= 1B
What Dividend Stocks in August 2022 with decent yields to add to your dividend stock portfolio? Dividend stocks are a great way to earn passive income. Fellow bloggers I knew such as REIT-TIREMENT are advocates of dividend investing using REITs.
A few days ago, Singapore trimmed its 2022 Gross Domestic Product (GDP) growth forecast to 3-4% as the global economic environment weakens due to challenges such as inflation and persistent supply chain disruptions.
The Singapore stock market may react to such news and thus we should always keep a watch list on stocks to buy when opportunity arises.
As usual I screen for dividend paying stocks using my preferred tool from Stocks Café.
The current dividend yield is based on the formula.
Current Yield % = (Previous Full Year Dividend / Current Stock Price) x 100%
Below are the conditions I set in the stock screener to identify dividend stocks.