By: Dividend Channel
October 01, 2013 at 15:59 PM EDT
Top Quartile Ranked Dividend Stock HGT Enters Oversold Territory
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics strong fundamentals and a valuation that looks inexpensive. Hugoton Royalty Trust (HGT) presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
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