Fly Leasing Ltd. (FLY - Get Report) has been named as a Top 25 dividend stock, according the most recent Dividend Channel ''DividendRank'' report. The report noted that among the coverage universe, FLY shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent FLY share price of $12.61 represents a price-to-book ratio of 0.7 and an annual dividend yield of 7.94% — by comparison, the average company in Dividend Channel's coverage universe yields 3.6% and trades at a price-to-book ratio of 2.0. The report also cited the strong quarterly dividend history at Fly Leasing Ltd., and favorable long-term multi-year growth rates in key fundamental data points.The report stated, '' Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.'' The annualized dividend paid by Fly Leasing Ltd. is $1.00/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 10/29/2014. Below is a long-term dividend history chart for FLY, which the report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.
More from Stocks
Tesla Board Must Face Trial to Defend Huge Elon Musk Pay Deal: Report
Judge rules Elon Musk held sway over the company's compensation committee in designing package that could balloon to $70 billion.
Facebook Says It's Suspended 'Tens of Thousands' of Apps Following Investigation
Facebook says it has identified thousands of problematic apps and developers following an investigation in the wake of the Cambridge Analytica scandal last year.
Stocks End Down as China Trade Officials Cut Visit Short
Stocks finish down Friday after China trade officials cut their visit to the U.S. short.
China Trade Issues Cause Concern as Negative Seasonality Looms
Since 1960, the week following the third Friday of September has produced the most negative results of any week of the entire year.