Here are the highest yielding stocks that trade on the New York Stock Exchange, with PE ratios below 20, PEG ratios below 1, and market caps above $500 million. You will notice that there are many European companies on the list, including a couple Irish banks.
Northstar Realty Finance Corp. (NRF) a debt oriented real estate investment trust yielding 15.91%
KKR Financial Holdings LLC (KFN) a mortgage oriented real estate investment trust yielding 15.31%
Barclays PLC (BCS) the London based bank holding company yielding 12.83%
Bank of Ireland (IRE) Ireland based ban yielding 12.55%
Allied Irish Banks, plc. (AIB) Ireland based ban yielding 11.57%
Magyar Telekom Plc. (MTA) a Hungarian telecom company yielding 8.87%
Qwest Communications International Inc. (Q) a Denver based telecom company yielding 8.40%
Diana Shipping Inc. (DSX) a Greece based shipping company 8.22%
AEGON N.V. (AEG) a Netherlands based insurance company yielding 7.73%
Deutsche Bank AG (DB) a German based bank yielding 7.40%
For other high yield stocks, check out high yield MLPs, tax free dividend stocks, and high yield natural gas utilities.
Author owns DB.
By Fred Fuld at Stockerblog.com