CedarOwl Portfolio - Commentary and Additional Dividend-Paying Equities We Like
We add two bank equities meeting our qualification criteria, each paying about 10% dividend yield
We have identified two banks, which we think are solid as they meet our investment process qualification criteria.
Our investment approach assesses metrics mapped to the following seven quantitative factors (based upon the principles of the Austrian School of Economics), with studies indicating correlation to equity outperformance - targeting a statistical probability-based edge overall in a portfolio:
A few data points on the two banks we like below, as of the last week of August 2024:
One bank:
Price to Book = 0.38
P/E Normalized TTM = 5.29
Total Debt/Total Assets = 9.53%
We assess as well-positioned in a growing economy
Another bank:
Price to Book = 1.55
P/E Normalized TTM = 5.38
Total Debt/Total Assets = 6.41%
We assess as well-positioned in a growing economy
Let’s delve in to explore further these two banks .. We also provide our updated and complete CedarOwl Portfolio …