Each month at Dividend Channel, we screen through our coverage universe of dividend paying stocks, and we look at a variety of data — dividend yield, book value, quarterly earnings — and compare it to the stock's trading data to come up with certain calculations about profitability and about the stock's valuation (whether we think it looks "cheap" or "expensive"). Our proprietary DividendRank formula then ranks the coverage universe based upon our various criteria, to generate a list of the top most "interesting" stocks that are meant as a research tool for users to generate ideas that merit further research.
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