As well as income, our Alpha Dividend Diamonds screen pays attention to dividend cover, cash flow and consensus earnings growth forecasts. In the past month, changes in the Fwd EPS metric have often been seen where companies have risen or fallen in the screen rankings.
In the large-cap screen, Legal & General (LGEN) no longer scores 8/8, as it now fails to meet EPS growth and Beta criteria. In the main market small-cap screen, there are no longer any companies with perfect scores. In the Aim screen, MTI Wireless Edge (MWE) now passes all the tests. The company improves its position from last month as consensus forecast for EPS growth, according to S&P Capital IQ data, is now better.
