One of his regular postings on TMF was a mechanical screen using DigitalLook's screener as a starting point for selecting HYP shares...
JohnnyCyclops (2013) wrote:Here's the table of the 34 stocks that got through the screen parameters....
https://web.archive.org/web/20150508114 ... 08251.aspx
...he would publish a new screen monthly.
I though it would be an interesting exercise to run JC's screen in the current situation and see what (if any) potential HYP shares are still out there (long ago I had set up my own screener with JC's parameters). Running the screen and removing any on the Cut, Cancelled or Suspended Dividends list gives just 11 shares to choose from today, even less if you stick to 'the usual suspects'.
Name Market Cap (m) Div. Cover Avg Div. Grth. 4yr Div Yield P/E
Legal & General Group £11,919.20 1.74 7.01% 8.79% 6.5
Rio Tinto £46,295.87 1.67 19.99% 8.37% 7.2
British American Tobacco £72,313.29 1.54 8.22% 6.68% 9.7
Barratt Developments £5,006.94 2.52 18.24% 5.92% 6.7
Smith (DS) £4,316.26 2.06 11.55% 5.15% 9.4
3i Group £7,338.98 3.67 15.08% 4.64% 5.9
Johnson Matthey £3,785.51 2.68 5.90% 4.37% 8.5
Schroders £6,391.91 1.77 7.32% 4.03% 14
Intermediate Capital Group £3,252.99 2.11 20.76% 4.02% 11.8
CRH £18,168.51 2.44 7.44% 3.17% 13
Polymetal International £7,647.73 2.02 32.45% 3.11% 15.9