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|Hedge Funds Added To Family Dollar Stores Positions
Monday, June 16, 11:11 AM ET, by Market News Video Staff
At Holdings Channel, we have reviewed 3,692 13-F filings for the 03/31/2014 reporting period, and ...
August 16th Options Now Available For Family Dollar Stores (FDO)
Monday, June 23, 12:42 PM ET, by Market News Video Staff
Investors in Family Dollar Stores, Inc. (FDO) saw new options become available today, for the ...
First Trust Value Line Dividend Index Fund Experiences Big Inflow
Wednesday, June 25, 11:22 AM ET, by Market News Video Staff
Symbols mentioned in this story: FVD, FDO, TAP, AWR Exchange traded funds (ETFs) trade just ...
Cameron International Becomes #165 Most Shorted S&P 500 Component, Replacing Family Dollar Stores
Wednesday, June 25, 3:38 PM ET, by Market News Video Staff
The most recent short interest data has been released by the NASDAQ for the 06/13/2014 ...
Family Dollar Stores Shares Cross 2% Yield Mark
Friday, July 11, 3:34 PM ET, by Market News Video Staff
In trading on Friday, shares of Family Dollar Stores, Inc. (FDO) were yielding above the ...
Top Ranked Dividend Stock FDO Enters Oversold Territory
By Dividend Channel Staff, Friday, February 1, 11:36 AM 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. Family Dollar Stores, Inc. (NYSE:FDO) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
But making Family Dollar Stores, Inc. an even more interesting and timely stock to look at, is the fact that in trading on Friday, shares of FDO entered into oversold territory, changing hands as low as $56.25 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 Family Dollar Stores, Inc., the RSI reading has hit 30.0 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 63.2. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, FDO's recent annualized dividend of 0.84/share (currently paid in quarterly installments) works out to an annual yield of 1.49% based upon the recent $56.70 share price.
A bullish investor could look at FDO's 30.0 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 FDO 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.
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According to the ETF Finder at ETF Channel, FDO makes up 1.14% of the S&P 500 High Quality Portfolio ETF (AMEX:SPHQ) which is trading higher by about 0.7% on the day Friday.
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