Evenlode's ten dividend picks for 2020

Two stocks kicked out

Evenlode Investments has kicked two stocks out of its yearly global dividend sustainability report, it has revealed.

Evenlode Investments has kicked two stocks out of its yearly global dividend sustainability report, it has revealed. The firm's multi-factor screening process filters companies using five metrics: cash flow return on invested capital, low or no debt, strong free cash flow cover, a strong dividend history and valuation. Finnish elevator and escalator maker Kone failed to pass the screen due to its dividend no longer being covered by free cash flow, Evenlode said, meaning it was removed from the list along with Swiss ingredient maker Givaudan, whose metrics have detetiorated. While D...