Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|SCHN Trading Below Director's Recent Buy Price
Monday, January 26, 10:58 AM ET, by Market News Video Staff
There's an old saying on Wall Street about insider buying: there are many possible reasons ...
Robert Half International Becomes #155 Most Shorted S&P 500 Component, Replacing Republic Services
Thursday, January 29, 10:23 AM ET, by Market News Video Staff
The most recent short interest data has been released by the NASDAQ for the 01/15/2015 ...
SCHN Stock Crowded With Sellers
Friday, January 30, 12:55 PM ET, by Market News Video Staff
In trading on Friday, shares of Schnitzer Steel Industries, Inc. (SCHN) entered into oversold territory, ...
Bullish Two Hundred Day Moving Average Cross - CECE
Tuesday, February 3, 11:33 AM ET, by Market News Video Staff
In trading on Tuesday, shares of CECO Environmental Corp. (CECE) crossed above their 200 day ...
Ex-Div Reminder for Schnitzer Steel Industries (SCHN)
Wednesday, February 4, 10:08 AM ET, by Market News Video Staff
On 2/5/15, Schnitzer Steel Industries, Inc. (SCHN) will trade ex-dividend, for its quarterly dividend of ...
Top Quartile Ranked Dividend Stock RSG Enters Oversold Territory
By Dividend Channel Staff, Friday, November 2, 5:44 PM ET
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Republic Services, Inc. (NYSE:RSG) presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
But making Republic Services, Inc. an even more interesting and timely stock to look at, is the fact that in trading on Friday, shares of RSG entered into oversold territory, changing hands as low as $26.37 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In the case of Republic Services, Inc., the RSI reading has hit 29.4 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 47.9. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, RSG's recent annualized dividend of 0.94/share (currently paid in quarterly installments) works out to an annual yield of 3.32% based upon the recent $28.31 share price.
A bullish investor could look at RSG's 29.4 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on RSG is its dividend history.
In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue.
Special Offer: Manage the risks of the markets better with a free 30 day trial to the Multi-Asset Class Risk Management Portfolio.
According to the ETF Finder at ETF Channel, RSG makes up 10.39% of the Environmental Services ETF (AMEX:EVX) which is trading lower by about 1.8% on the day Friday.
See what other ETFs contain RSG »
See what other stocks are held by EVX »
This Article's Word Cloud: