The DividendRank formula at Dividend Channel ranks Four Corners Property Trust Inc (FCPT) in the top 10% of dividend stocks for its strong fundamentals and inexpensive valuation. FCPT shares entered oversold territory on Monday, dropping to $22.80 per share with an RSI of 29.5, compared to the average RSI of 53.0 for dividend stocks. The recent annualized dividend of 1.466/share offers a 6.35% yield at the current share price of $23.08. Investors may see the low RSI as a signal of potential buying opportunities, especially considering FCPT’s dividend history.

Read more at Nasdaq: RSI Alert: Four Corners Property Trust Now Oversold