In the first 3 parts of this series, we went fishing for high dividend stocks with strong balance sheets using the following screening criteria:

1. High Dividend Yield - Above 5 %

2. Moderate Dividend Payout Ratio - Below 50 %

3. Less Than 40 % Above 52-Week Low *

4. Options Available

5. Current Ratio: Over 1.5

6. Long Term Debt to Equity: Under .5