TIPS - Dividend above 6.5, PE above 9

From the recent Motley Fool newsletter, which had a big tease about one stock with Dividend Yield (Grossed up) to be 6.5% and P/E forward looking as above 9.0, we can use a search of the ASX 300 shares to see which stocks fit this category.

VectorVest is used to filter the selection of stocks and the results are given below. The dividend used in the search is the actual dividend received by investors which is 70% of the grossed up value. The other criteria include:
Growth Rate > 10%
Recommedation = Buy

So the group of five stocks may contain the one Motley Fool was referring too - but even if it does not, then the list below still represent a good selection of strong stocks both technically and fundamentally.

Note: The VST is the VectorVest number and anything higher than 1.0 is good. It is made from the three components of RV, RS, RT indicating relative value, safety and timing respectively.

Company	Symbol	Price	$ Change	DY	RV	RS	RT	VST	Sector	GRT	EPS
Mirvac Grp	MGR.AX	1.545	0.02	5.18	1.42	1.23	1.36	1.34	Financials	17	0.11
ALS Ltd	ALQ.AX	9.8	-0.05	4.59	1.49	1.05	1.335	1.3	Industrials	24	0.8
Investa Office Fund	IOF.AX	3.03	0.06	5.28	1.34	1.16	1.21	1.23	Financials	15	0.23
M2 Telecom GP	MTU.AX	3.77	0.01	4.77	1.34	0.99	1.22	1.19	Telecommunication Svcs	15	0.31
Westfield Retail Trust	WRT.AX	3.13	0.08	5.43	1.21	0.97	1.26	1.16	Financials	11	0.3