Tight — 155 companies

Rated tight. Sorted by coverage rating.

Ticker	Company	Sector	Applies	Payout	Spread	Rating
AMT	American Tower	Real estate	Funds from operations	67.9%	67.0	59
AVGO	Broadcom	Technology	Free cash flow	41.4%	9.0	59
AWR	American States Water	Utilities	GAAP earnings	57.5%	25.0	59
CMS	CMS Energy	Utilities	GAAP earnings	61.5%	32.2	59
EXR	Extra Space Storage	Real estate	Funds from operations	81.3%	74.5	59
KHC	Kraft Heinz	Consumer staples	Free cash flow	51.8%	9.3	59
NWSA	News	Communications	Free cash flow	25.2%	19.0	59
RILY	BRC Group Holdings	Financial services	Free cash flow	13.2%	0.4	59
CNP	Centerpoint Energy	Utilities	GAAP earnings	55.3%	32.2	58
DTE	DTE Energy	Utilities	GAAP earnings	63.2%	37.6	58
ICE	Intercontinental Exchange	Financial services	Free cash flow	25.8%	9.6	58
LOW	Lowes Companies	Consumer discretionary	Free cash flow	34.5%	13.4	58
PHM	Pultegroup	Industrials	Free cash flow	10.1%	1.8	58
RPRX	Royalty Pharma	Health care	Operating cash flow	15.2%	22.5	58
SHW	Sherwin Williams	Consumer discretionary	Free cash flow	29.8%	7.9	58
STT	State Street	Banks & insurers	GAAP earnings	34.0%	—	58
UI	Ubiquiti	Technology	Free cash flow	21.3%	1.1	58
WTW	Willis Towers Watson	Financial services	Free cash flow	23.2%	3.0	58
ADI	Analog Devices	Technology	Free cash flow	45.0%	45.3	57
CF	CF Industries Holdings	Materials	Free cash flow	18.1%	10.5	57
HRI	Herc Holdings	Consumer discretionary	Free cash flow	9.4%	1.4	57
OCSL	Oaktree Specialty Lending	Investment company	Net investment income	96.5%	344.9	57
QCOM	Qualcomm	Technology	Free cash flow	29.7%	42.3	57
AER	AerCap Holdings N.V.	Consumer discretionary	Operating cash flow	3.6%	1.6	56
ES	Eversource Energy	Utilities	GAAP earnings	66.0%	39.4	56
EXE	Expand Energy	Energy	Free cash flow	41.6%	25.3	56
IRDM	Iridium Communications	Communications	Free cash flow	21.0%	39.3	56
MMC	Marsh & Mclennan Companies	Financial services	Free cash flow	34.0%	8.6	56
UNIT	Uniti Group	Communications	Operating cash flow	29.6%	87.6	56
USB	US Bancorp \De\	Banks & insurers	GAAP earnings	44.2%	—	56
WCN	Waste Connections	Industrials	Free cash flow	27.0%	17.2	56
ANDE	Andersons	Industrials	—	—	13.0	55
NYT	New York Times	Communications	Free cash flow	20.0%	15.6	55
OVV	Ovintiv	Energy	Free cash flow	20.5%	16.7	55
SCI	Service Corp International	Consumer discretionary	Free cash flow	33.1%	14.7	55
ADP	Automatic Data Processing	Technology	Free cash flow	50.1%	12.4	54
C	Citigroup	Banks & insurers	GAAP earnings	41.0%	—	54
GS	Goldman Sachs Group	Banks & insurers	GAAP earnings	27.3%	—	54
HSY	Hershey	Consumer staples	Free cash flow	59.5%	11.9	54
KLAC	KLA	Industrials	Free cash flow	28.1%	6.2	54
LRCX	Lam Research	Industrials	Free cash flow	26.0%	7.9	54
MO	Altria Group	Consumer staples	Free cash flow	76.7%	26.1	54
PNC	PNC Financial Services Group	Banks & insurers	GAAP earnings	39.8%	—	54
BMY	Bristol Myers Squibb	Health care	Free cash flow	39.3%	36.3	53
CME	CME Group	Financial services	Free cash flow	93.8%	49.0	53
CODQL	Coronado Global Resources	Energy	—	—	—	53
GD	General Dynamics	Industrials	Free cash flow	40.2%	9.1	53
LMT	Lockheed Martin	Industrials	Free cash flow	45.3%	25.5	53
MS	Morgan Stanley	Banks & insurers	GAAP earnings	37.7%	—	53
NOC	Northrop Grumman	Industrials	Free cash flow	39.1%	11.9	53
AMAT	Applied Materials	Technology	Free cash flow	24.3%	6.9	52
GOOGL	Alphabet	Technology	Free cash flow	13.7%	7.6	52
JPM	Jpmorgan Chase	Banks & insurers	GAAP earnings	29.0%	—	52
KMI	Kinder Morgan	Utilities	GAAP earnings	85.2%	46.1	52
RLJ	RLJ Lodging Trust	Real estate	Funds from operations	41.9%	40.3	52
TNET	Trinet Group	Industrials	Free cash flow	22.2%	13.6	52
VTRS	Viatris	Health care	Free cash flow	29.8%	4.9	52
WKC	World Kinect	Industrials	Free cash flow	18.2%	4.1	52
XYL	Xylem	Industrials	Free cash flow	43.0%	11.5	52
AMH	American Homes 4 Rent	Real estate	Funds from operations	56.6%	50.1	51
AON	Aon	Financial services	Free cash flow	19.5%	2.4	51
COP	Conocophillips	Energy	Operating cash flow	20.2%	29.9	51
DGX	Quest Diagnostics	Health care	Free cash flow	26.0%	17.0	51
DOC	Healthpeak Properties	Real estate	Funds from operations	80.1%	170.0	51
DUK	Duke Energy	Utilities	GAAP earnings	66.9%	40.1	51
IRM	Iron Mountain	Real estate	Funds from operations	81.5%	12.9	51
MDT	Medtronic	Health care	Free cash flow	67.1%	26.5	51
RTX	RTX	Industrials	Free cash flow	45.0%	20.0	51
SO	Southern	Utilities	GAAP earnings	75.0%	44.2	51
WY	Weyerhaeuser	Real estate	Funds from operations	73.0%	113.7	51
ATNI	ATN International	Communications	Free cash flow	35.7%	24.0	50
BGC	BGC Group	Financial services	Free cash flow	10.5%	15.9	50
CASS	CASS Information Systems	Banks & insurers	GAAP earnings	47.9%	—	50
CPB	Campbell'S	Consumer staples	Free cash flow	65.1%	36.0	50
EE	Excelerate Energy	Utilities	GAAP earnings	21.7%	19.9	50
GLW	Corning	Materials	Free cash flow	70.7%	33.6	50
GTN	Gray Media	Communications	Free cash flow	18.2%	6.8	50
GWW	W.W. Grainger	Industrials	Free cash flow	35.1%	11.9	50
LVS	Las Vegas Sands	Consumer discretionary	Free cash flow	44.9%	17.4	50
MKC	Mccormick	Consumer staples	Free cash flow	65.2%	15.0	50
PG	Procter & Gamble	Consumer staples	Free cash flow	67.6%	15.2	50
WFC	Wells Fargo	Banks & insurers	GAAP earnings	27.2%	—	50
WM	Waste Management	Industrials	Free cash flow	47.4%	27.2	50
XEL	Xcel Energy	Utilities	GAAP earnings	66.7%	35.3	50
CHRD	Chord Energy	Energy	Free cash flow	45.9%	30.3	49
HDB	Hdfc Bank	Banks & insurers	GAAP earnings	25.0%	—	49
MORN	Morningstar	Financial services	Free cash flow	17.4%	7.8	49
PKG	Packaging Corp of America	Materials	Free cash flow	61.7%	32.8	49
ZTS	Zoetis	Health care	Free cash flow	38.9%	8.3	49
ACN	Accenture	Technology	Free cash flow	34.0%	16.5	48
BKH	Black Hills	Utilities	GAAP earnings	67.9%	38.6	48
F	Ford Motor	Industrials	Free cash flow	24.0%	9.9	48
FMC	FMC	Materials	—	—	—	48
MCD	Mcdonalds	Consumer discretionary	Free cash flow	71.2%	22.7	48
WMT	Walmart	Consumer discretionary	Free cash flow	50.3%	32.2	48
ALB	Albemarle	Materials	Free cash flow	27.5%	12.7	47
ETN	Eaton	Industrials	Free cash flow	45.8%	9.4	47
HAL	Halliburton	Energy	Free cash flow	34.6%	25.5	47
IMKTA	Ingles Markets	Consumer staples	Free cash flow	31.0%	23.0	47
MRK	Merck	Health care	Free cash flow	66.1%	21.1	47
R	Ryder System	Industrials	Free cash flow	31.6%	26.0	47
ROK	Rockwell Automation	Industrials	Free cash flow	43.5%	30.0	47
SCLX	Scilex Holding	Health care	Free cash flow	44.7%	0.0	47
VNOM	Viper Energy	Energy	Operating cash flow	31.1%	—	47
COLD	Americold Realty Trust	Real estate	Funds from operations	88.0%	15.3	46
DOX	Amdocs	Technology	Free cash flow	34.2%	14.8	46
MAR	Marriott International	Consumer discretionary	Free cash flow	27.5%	5.4	46
MPC	Marathon Petroleum	Energy	Free cash flow	23.9%	14.4	46
PEG	Public Service Enterprise Group	Utilities	GAAP earnings	59.7%	21.6	46
PM	Philip Morris International	Consumer staples	Free cash flow	80.9%	10.4	46
RITM	Rithm Capital	Real estate	Funds from operations	67.9%	28.3	46
SM	SM Energy	Energy	Free cash flow	16.1%	11.5	46
VST	Vistra	Utilities	GAAP earnings	41.4%	33.8	46
AVA	Avista	Utilities	GAAP earnings	82.4%	48.5	45
DRI	Darden Restaurants	Consumer discretionary	Free cash flow	61.9%	24.5	45
FBIN	Fortune Brands Innovations	Materials	Free cash flow	32.9%	15.7	45
HON	Honeywell International	Industrials	Free cash flow	54.9%	15.8	45
NRG	NRG Energy	Utilities	GAAP earnings	43.9%	32.2	45
PTEN	Patterson Uti Energy	Energy	Free cash flow	32.9%	20.2	45
QSP	Restaurant Brands International Limited Part	Consumer discretionary	Free cash flow	76.5%	11.8	45
QSR	Restaurant Brands International	Consumer discretionary	Free cash flow	76.5%	40.9	45
SLB	SLB Limited	Energy	Free cash flow	33.4%	22.8	45
TJX	TJX Companies	Consumer discretionary	Free cash flow	37.5%	10.7	45
TSCO	Tractor Supply	Consumer discretionary	Free cash flow	65.9%	36.0	45
ACGL	Arch Capital Group	Banks & insurers	GAAP earnings	43.1%	—	44
ATEN	A10 Networks	Technology	Free cash flow	26.8%	21.6	44
BKR	Baker Hughes	Industrials	Free cash flow	35.9%	12.0	44
CRC	California Resources	Energy	Free cash flow	25.0%	22.0	44
FANG	Diamondback Energy	Energy	Free cash flow	41.0%	56.6	44
HAS	Hasbro	Consumer discretionary	Free cash flow	47.3%	3.4	44
PCAR	Paccar	Industrials	Free cash flow	61.7%	10.4	44
PNW	Pinnacle West Capital	Utilities	GAAP earnings	71.5%	48.1	44
ATR	Aptargroup	Materials	Free cash flow	40.3%	19.1	43
NOV	NOV	Industrials	Free cash flow	21.7%	115.6	43
RL	Ralph Lauren	Consumer discretionary	Free cash flow	29.0%	10.3	43
AFG	American Financial Group	Banks & insurers	GAAP earnings	72.2%	—	42
AUDC	Audiocodes	Technology	Free cash flow	47.8%	84.4	42
BHE	Benchmark Electronics	Technology	Free cash flow	28.6%	79.2	42
DE	Deere	Industrials	Free cash flow	28.2%	11.6	42
EVRG	Evergy	Utilities	GAAP earnings	73.7%	43.7	42
IOTR	iOThree	Communications	Free cash flow	23.9%	6.9	42
SWKS	Skyworks Solutions	Technology	Free cash flow	39.1%	58.0	42
VZ	Verizon Communications	Communications	Free cash flow	57.0%	36.4	42
WEC	WEC Energy Group	Utilities	GAAP earnings	74.2%	40.3	42
WSM	Williams Sonoma	Consumer discretionary	Free cash flow	30.0%	5.9	42
JCI	Johnson Controls International	Industrials	Free cash flow	46.0%	16.0	41
JNJ	Johnson & Johnson	Health care	Free cash flow	62.9%	16.3	41
LIN	Linde	Materials	Free cash flow	55.2%	28.1	41
LINE	Lineage	Real estate	Funds from operations	62.3%	217.0	41
AFL	Aflac	Banks & insurers	GAAP earnings	34.2%	—	40
BDX	Becton Dickinson	Health care	Free cash flow	44.8%	36.6	40
D	Dominion Energy	Utilities	GAAP earnings	77.4%	34.9	40
NMRK	Newmark Group	Financial services	Free cash flow	15.2%	5.0	40
OKE	Oneok	Utilities	GAAP earnings	76.0%	59.4	40
ZYBT	Zhengye Biotechnology Holding	Health care	Free cash flow	58.3%	121.2	40

Comfortable · Adequate · Strained · Not covered · How the rating works