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CQSS (Cazadividendos Quality Scoring System) - Latest Update: June 2023
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Please do not request edit access. The sheet cannot be downloaded, copied or printed.
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The scoring system employs nine of the most widely used quality indicators and assigns 0-5 points to each quality indicator except for M* Economic Moat that receives 0-15 points
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Value Line [VL] Price Stability
Dividend Growth stocks are stocks with a record of paying regular and increasing dividends.
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Value Line [VL] Financial Strength
A dividend growth strategy is a buy-and-hold approach to investing that seeks out these kinds of equities.
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Value Line [VL] Safety
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Morningstar [M*] Economic Moat
Growth stocks are those companies expected to grow sales, earnings and cash flows at a faster rate than the market average.
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Morningstar [M*] Financial Health
Growth stocks typically don’t pay dividends and are often put in contrast with value stocks
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Morningstar [M*] Stewardship
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Morningstar [M*] Fair Value Uncertainty
Value stocks refer to shares of companies that appear to trade at a lower price relative to their fundamentals,
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Standards & Poors's [S&P] Credit Ratings
such as dividends, earnings or sales.
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Simply Safe Dividends [SSD] Dividend Safety Scores
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Notes:
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1) VL Safety used for Canadian DGI stocks instead of VL Price Stability
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2) M* Financial Health Score from the Quantitative Equity Report used for European DGI stocks if M* Financial Health is not available
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Points USA/CAN DGIVL Price StabilityVL SafetyVL Financial StrenghtM* Financial HealthM* StewardshipM* Fair Value UncertaintyS&P Credit RatingSSD Dividend Safety
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51001A++AExemplaryLowAll AAA and AA levels81-100 (Very Safe)
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485-952A+ / ABStandardMediumAll A levels61-80 (Safe)
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365-803B++CHighAll BBB levels
41-60 (Borderline Safe)
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240-604B+DPoorVery High21-40 (Unsafe)
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110-35 B
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055<BFExtreme<BBB-0-20 (very Unsafe)
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Points USA/CAN DGIM* Economic Moat
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15Wide
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12Narrow
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6None
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Overall Score - USA/CAN Dividend Growth Investing: (*)
(*) Prorations are made when the S&P Credit Rating does not exist
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50-49-48-47Exceptional
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46-45-44-43-42Excellent
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41-40-39-38-37Fine
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36-35-34-33-32Decent
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31-30-29-28-27Poor
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< 27Inferior
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Points USA HGVL Price StabilityVL Financial StrenghtM* Financial HealthM* StewardshipM* Fair Value Uncertainty
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5100A++AExemplaryLow
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485-95A+ / ABStandardMedium
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365-80B++CHigh
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240-60B+DPoorVery High
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110-35B
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05<BFExtreme
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Points USA HGM* Economic Moat
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15Wide
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12Narrow
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6None
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Overall Score - USA High Growth:
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40-39-38-37-36Exceptional
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35-34-33-32Excellent
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31-30-29-28Fine
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27-26-25-24Decent
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23-22-21-20Poor
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< 20Inferior
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Points EUR DGIM* Financial HealthM* Financial Health ScoreM* StewardshipM* Fair Value UncertaintyS&P Credit Rating
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5A86-100ExemplaryLowAll AAA and AA levels
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4B76-85StandardMediumAll A levels
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3C66-75HighAll BBB levels
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2D50-65PoorVery High
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0F<50Extreme<BBB-
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Points EUR DGIM* Economic Moat
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15Wide
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12Narrow
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6None
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Overall Score - EUR Dividend Growth Investing: (*)
(*) Prorations are made when the S&P Credit Rating does not exist
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35-34-33Exceptional
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32-31-30-29Excellent
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28-27-26-25Fine
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24-23-22-21Decent
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20-19-18-17Poor
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< 17Inferior
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Points APACM* Financial HealthM* StewardshipM* Fair Value UncertaintyS&P Credit Rating
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5AExemplaryLowAAA and all AA levels
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4BStandardMediumAll A levels
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3CHighAll BBB levels