The Cyclical Yield Framework
20–45%+
SELL. Cycle peak. Extraordinary earnings generate extraordinary — and temporary — dividends. The cycle will turn.
8–20%
REDUCE/HOLD. Late cycle. Earnings strong but fading. Watch the macro signal.
3–8%
NEUTRAL. Mid-cycle. Macro direction determines next move.
0–3%
BUY ZONE. Trough. Low or zero dividend = depressed earnings. Confirm with macro signal before entering.
Not financial advice. Yield estimates based on historical cycles. Always confirm with Signycle macro signals.