Fine tuning for equity income

Fine tuning for equity income

With income hard to come by in 2020, the 8.8 per cent yield offered by iron ore pellet producer Ferrexpo (FXPO) leaps out on our dividend screen. The share price has defied concerns about some large shareholders this year, but this company is a reminder to do your homework before chasing dividends. Looking at the financial tests in a stock screen is just the start, albeit it’s reassuring that the company scores 7/8 on our screen.

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