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|Relative Strength Alert For Family Dollar Stores
Thursday, April 30, 4:27 PM ET, by Market News Video Staff
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
Family Dollar Stores Breaks Below 200-Day Moving Average - Notable for FDO
Thursday, May 14, 11:03 AM ET, by Market News Video Staff
In trading on Thursday, shares of Family Dollar Stores, Inc. (FDO) crossed below their 200 ...
Family Dollar Stores (FDO) Shares Cross Above 200 DMA
Wednesday, June 10, 4:00 PM ET, by Market News Video Staff
In trading on Wednesday, shares of Family Dollar Stores, Inc. (FDO) crossed above their 200 ...
Notable Two Hundred Day Moving Average Cross - SPHQ
Wednesday, August 12, 10:58 AM ET, by Market News Video Staff
In trading on Wednesday, shares of the PowerShares S&P 500 High Quality Portfolio ETF (SPHQ) ...
SPHQ Crosses Above Key Moving Average Level
Thursday, October 22, 11:22 AM ET, by Market News Video Staff
In trading on Thursday, shares of the PowerShares S&P 500 High Quality Portfolio ETF (SPHQ) ...
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. (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.
See what other ETFs contain FDO »
See what other stocks are held by SPHQ »
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