This week, I’m going to focus on a simple dividend strategy that has produced some amazing results over the last few years.

This strategy is both easy to build and easy to use with the Research Wizard.

The parameters to this screen are as follows:

• Price >= $10
  
• Market Cap >= $500 mil.
  
• Zacks Rank
• Current Dividend Yield >= 8%

I ran a series of tests using a 24-week holding period over the last six-and-a-half years.

This strategy also performed great using a 12-week holding period.

A four-week holding period showed excellent results as well, but rebalancing your portfolio every four weeks would likely preclude you from receiving many of the dividends that these stocks produce.

Either way though, this Dividend Strategy has been a consistent performer through the ups and downs of the market over the last six-and-a-half years. (And hopefully in the years to come.)

Here are three stocks from this week’s list (for 12/4/07):

( BPT ) BP Prudhoe Bay Royalty Trust
GKK Gramercy Capital Corp.
MTA Magyar Telekom Nyrt

To find other stocks that qualify for this winning strategy, sign up for your free trial to the Research Wizard. Test this screen and others or build your own strategies and test them.

Remember the key to successful screening is in discovering those screens that have produced profitable results in the past. And that’s exactly what you get with the powerful Backtesting ability of Research Wizard. Click here to find out more about our free trial

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.