This indicator shows the Dividend Growth of a stock and the Dividend Payout Ratio (dividend / close) to show, whether a stock is paying raising dividends in consecutive years and whether price to pay for the stock is above or beyond a personal percentage line.
The green / red crosses show the dividends of the last years. The blue / green line shows the percentage payed out by the the stock yearly.
important Hint: Use this indicator on a MONTHLY, 3 MONTH TIMELINE or 12 MONTH TIMELINE, if the stock is paying 12, 4 or 1 dividends per year. most US stocks pay 4 times a year, so 3 MONTH scale should be standard to browse stocks