Thursday, December 03, 2009

Top S&P 500 Stocks by Yield, Cash, and Debt

When reviewing all the stocks that make up the Standard & Poor's 500 Index, I was only able to come up with five stocks that yield s of 3% or more, a decent amount of cash, and total debt of $500 million or less.

Automatic Data Processing, Inc. (ADP), the payroll outsourcing company, yields 3%, has $1.62 billion in cash, with only $42.2 million in debt.

The automotive replacement parts company, Genuine Parts Co. (GPC), has a fairly high yield of 4.5%. The company has $363 million in cash and $500 million in debt.

People's United Financial Inc. (PBCT) is a commercial banking company, which pays a yield of 3.7%. The stock trades at about its book value 15.24, with $3.5 billion in cash amounting to $10 in cash per share. The company has $343 million in debt.

A very high yield of 5.1% can be found with Microchip Technology Inc. (MCHP), a semiconductor products company. In additon, Micron has $1.36 billion in cash or $7.43 in cash per share, with only $337 million in debt.

Molex Inc. (MOLX) is a manufacturer of electronic components, with a 3.3% yield. Molex has $530 million in cash with $320 million in debt.

If you like lists of high yield stocks and debt free stocks, check out the free downloadable Excel databases at

Author does not own any of the above.


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