There are actually a few advantages of owning quarterly dividend stocks over monthly dividend stocks. First, there are over 2,000 different quarterly dividend stocks to choose from, versus a few hundred monthly dividend stocks. Second, there are far more quarterly stocks to choose from, whereas most of the monthly dividend companies are either closed end funds, oil income trusts, or real estate trusts. Third, for smaller diversified portfolios, monthly dividends may be very small, and it may be more convenient to have a larger quarterly check on each stock. According to WallStreetNewsNetwork.com, there are over a hundred quarterly dividend stocks paying more than 5% with market caps over $500 million, PE ratios below 20, and PEG ratios below 2.
Here are several of the highest yielding quarterly dividend stocks. Please note that some of the extremely high yields may not be sustainable.
Copano Energy, L.L.C. (CPNO) pays a yield of 10.4% . The stock has a PE of 14.8 and a PEG of 1.43 .
AllianceBernstein Holding LP (AB) pays a yield of 10.2% . The stock has a PE of 6.5 and a PEG of 0.65 .
World Wrestling Entertainment, Inc. (WWE) pays a yield of 10.1% . The stock has a PE of 18.4 and a PEG of 1.49 .
Penn Virginia Resources (PVR) pays a yield of 10.0% . The stock has a PE of 18.3 and a PEG of 1.83 .
TAL International Group, Inc. (TAL) pays a yield of 10.0% . The stock has a PE of 12.5 and a PEG of 0.89 .
Lincoln National Corporation (LNC) pays a yield of 9.6% . The stock has a PE of 5.8 and a PEG of 0.58 .
Suburban Propane Partners, L.P. (SPH) pays a yield of 9.5% . The stock has a PE of 12.6 and a PEG of 1.26 .
Colonial BancGroup, Inc. (CNB) pays a yield of 9.4% . The stock has a PE of 6.6 and a PEG of 0.78 .
Inergy Holdings, L.P. (NRGP) pays a yield of 9.2% . The stock has a PE of 15.5 and a PEG of 1.55 .
Embarq Corporation (EQ) pays a yield of 9.2% . The stock has a PE of 5.9 and a PEG of 1.96 .
A downloadable Excel database of the stocks with high yields that pay dividends quarterly can be found at WallStreetNewsNetwork.com, which can be changed, added to, and updated.
Author does not own any of the above.