Sure Dividend

Updated weekly on Wednesdays

In the accumulation stage, investors do not need to generate meaningful income from their investment portfolios. They are instead focused on generating the maximum return possible for a given level of risk.

Retired investors face entirely different challenges. They need to generate consistent dividend income that varies little on a month-to-month basis. This means retirees are required to dilligently structure their portfolio so that they receive the same amount of dividends each month.

With this in mind, we have constructed a list of stocks that pay dividends in March, which you can download below:
 

The list of stocks that pay dividends in March available for download at the link above contains the following metrics for each stock in the database:

• Last payment date in the month of March
• Stock Price
• Dividend Yield
• Market Capitalization
• Price-to-Earnings Ratio
• Price-to-Book Ratio
• Beta
• Return on Equity

Additionally, you can find and sort March paying dividend stocks using the table below.

Keep reading this article to learn more about how to use the list of stocks that pay dividends in March to find investment ideas.

How To Use The March Dividend Stocks List To Find Investment Ideas

Having an Excel database that contains every stock that pays dividends in March is very useful for the income-oriented investor.

This document becomes even more useful when combined with a working knowledge of Microsoft Excel.

With that in mind, this tutorial will show you how to implement two additional investing screens to the stocks in the March dividend stocks database.

The first screen that we’ll implement is for stocks that generate high returns on shareholders’ equity and pass these returns onto their shareholders through dividend payments.

Screen 1: Returns on Equity Above 15%, Dividends Yields Above 3%

Step 1: Download your free list of stocks that pay dividends in March by clicking here.

Step 2: Click the filter icon at the top of the return on equity column, as shown below.

Step 3: Change the filter setting to “Greater Than” and input 0.15 into the field beside it, as shown below. Note that since return on equity is measured in percentage points, filtering for stocks with a return on equity above 0.15 is equivalent for screening for securities with a return on equity above 15% (as desired).

Step 4: Close out of the filter window (by clicking the exit button, not by clicking the “Clear Filter” button in the bottom right corner). Then, click on the filter button at the top of the dividend yield column, as shown below.

Step 5: Change the filter setting to “Greater Than” and input 0.03 into the field beside it, as shown below. Note that since dividend yield is measured in percentage points, filtering for stocks with a dividend yield above “0.03” is equivalent to filtering for stocks with dividend yields above 3%.

The remaining stocks in this spreadsheet are stocks that pay dividends in March that have returns on equity above 15% and dividend yields above 3%.

The next screen that we’ll demonstrate how to implement is for small- and mid-cap value stocks. More specifically, the filter will look for stocks that pay dividends in March with price-to-earnings ratios below 12 and market capitalizations below $10 billion.

Screen 2: Price-to-Earnings Ratios Below 12, Market Capitalizations Below $10 Billion

Step 1: Download your free list of stocks that pay dividends in March by clicking here.

Step 2: Click the filter icon at the top of the price-to-earnings ratio column, as shown below.

Step 3: Change the filter setting to “Less Than” and input 12 into the field beside it, as shown below. This will filter for stocks that pay dividends in March with price-to-earnings ratios less than 12.

Step 4: Close out of the filter window (by clicking the exit button, not by clicking the “Clear Filter” button in the bottom right corner). Next, click the filter icon at the top of the market capitalization column, as shown below.

Step 5: Change the filter setting to “Less Than” and input 10000 into the field beside it, as shown below. Since market capitalization is measured in millions of dollars in this spreadsheet, filtering for stocks with market capitalizations below “$10,000 million” is equivalent to screening for securities with aggregate capitalizations below $10 billion.

You now have a solid, fundamental understanding of how to use the March dividend stocks list to find investment ideas.

The remainder of this article will introduce other investing resources that have the ability to improve your long-term investing outcomes.

Final Thoughts: Other Useful Investing Resources

Having a database of every stock that pays dividends in March allows you to diversify your dividend income based on which month it is paid.

However, this is not all the diversification that an investor really needs. They should also be diversified by sector.

With this in mind, Sure Dividend maintains sector-specific stock market databases which you can download (for free) at the links below:

• The Complete List of Dividend-Paying Industrial Stocks
• The Complete List of Dividend-Paying Telecommunications Stocks
• The Complete List of Dividend-Paying Materials Stocks
• The Complete List of Dividend-Paying Utility Stocks
• The Complete List of Dividend-Paying Consumer Staples Stocks
• The Complete List of Dividend-Paying Consumer Cyclical Stocks
• The Complete List of Dividend-Paying Technology Stocks
• The Complete List of Dividend-Paying Healthcare Stocks
• The Complete List of Dividend-Paying Energy Stocks
• The Complete List of Dividend-Paying Financial Stocks

Another form of diversification is by size. Investors should own a healthy balance of small-capitalization stocks, mid-capitalization stocks, and large capitalization stocks.

These universes of stocks are stratified into different stock market indices which are maintained by financial giants like Moody’s, Dow Jones, and Standard & Poor’s. A few large-capitalization indices are shown below:

• The Complete List of S&P 500 Stocks
• The Complete List of Dow Jones Industrial Average Stocks
• The Complete List of NASDAQ-100 Stocks

Alternatively, a few mid- and small-cap indices are listed below:

• The Complete List of Wilshire 5000 Stocks
• The Complete List of Russell 2000 Stocks

Diversification aside, there is a substantial body of evidence that proves that stocks that consistently raise their dividends over time tend to outperform the broader stock market. With this in mind, the following databases contain some of the most promising businesses in our investing universes:

• The Dividend Aristocrats: S&P 500 stocks with 25+ years of consecutive dividend increases
• The Dividend Achievers: dividend stocks with 10+ years of consecutive dividend increases
• The Dividend Kings: considered to be the best-of-the-best among dividend growth stocks, the Dividend Kings is comprised of dividend stocks with 50+ years of consecutive dividend increases.