Tomorrow, July 31, would have been Milton Friedman's 96th birthday. Milton Friedman was one of the greatest economists who ever lived. He passed away in November of 2006.
He was an American economist, statistician, academic, and author who taught at the University of Chicago for more than thirty years, where he was head of the Chicago School of Economics. He was a proponent of a free market economic system with minimal intervention by the government.
"He was the most influential economist of the second half of the 20th century ..., possibly of all of it," according to The Economist.
Saturday, July 30, 2011
Which Industry Will Produce the Next Bill Gates?
Do you know what the next big industry will be -- at least according to Bill Gates?
Coffee at Six Month Low: Coffee Stocks Profit Margins Up?
According to a recent article at TheStreet.com, the price of coffee has tanked to a six month low, primarily due to a glut from good weather conditions in Brazil, exports from Latin America increasing, and greater production in India and Japan. Since it is unlikely that baristas will start passing on cost savings to their customers, profit margins for coffee vendors should increase.
There are more than ten publicly traded companies in the coffee business, based on the list of coffee stocks at WallStreetNewsNetwork.com. Half a dozen pay dividends with yields in excess of 1.2%.
Starbucks (SBUX) is the largest coffeehouse retailer in the world, with outlets in 50 countries and over 17,000 shops worldwide. The stock trades at 22.3 times forward earnings and pays a yield of 1.3%. Earnings for the latest quarter were up 20.4% on an 9.9% increase in revenues.
Another example is Coffee Holding Co. (JVA), a roaster of wholesale coffee which markets wholesale green coffee, private label coffee, and branded coffee in the United States and Canada. The stock trades at 23.5 times forward earnings and has a small dividend yield of 0.6%. Earnings for the latest reported quarter were up 48% on an 87% increase in revenues.
The J. M. Smucker Co. (SJM) sells the Folgers brand of coffee and has a forward price to earnings ratio of 14 and a generous yield of 2.4%.
For a list of all of the coffee stocks, including more than half a dozen that pay dividends, go to WallStreetNewsNetwork.com. The list can be downloaded, sorted, and updated.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Moonshine Now Legal in South Carolina
Because of the new micro-distillery laws in South Carolina, a company called The Dark Corner Distillery will legally start making 100 proof moonshine from a copper still
Friday, July 29, 2011
CNOOC Upgraded, Buys Opti Canada: Good News for High Yield China Stocks?
The largest offshore oil producer in China, CNOOC Ltd. (CEO), just paid $2.1 billion for the Canadian oil company Opti Canada last week. This in spite of the fact that Opti had been suffering from severe financial problems. In addition, CNOOC was just upgraded by from Neutral to Buy by UBS. The stock trades at eight times forward earnings and yields 2.6%. Latest quarterly earnings as of December 31 were up 81.4% on a 63.6% increase in revenues.
There are plenty of other Chinese stocks with decent yields according to the just updated list of high yield China stocks at WallStreetNewsNetwork.com. Yields range from 0.5% to 5.5% with dividends paid either anually or semi-annually.
Another example is China Mobile Limited (CHL), trading at 10.9 times forward earnings and sporting a yield of 3.7% paid semi-annually. The company is the world's largest mobile phone operator and has the largest mobile telecommunications network in the world. The stock, which is listed on both the NYSE and the Hong Kong stock exchange, has over 600 million subscribers. The stock has a forward price to earnings ratio of 10.9. Latest quarterly earnings were up 3.6% on a 6.8% dividend rise. The stock carries a yield of 3.7%.
As for other Chinese industries, Guangshen Railway (GSH) yields 3.1% and Yazhou Coal Mining (YZC) pays 2.1%. A free list of a dozen dividend paying Chinese stocks can be found at WallStreetNewsNetwork.com, which can be downloaded, sorted, and updated.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
There are plenty of other Chinese stocks with decent yields according to the just updated list of high yield China stocks at WallStreetNewsNetwork.com. Yields range from 0.5% to 5.5% with dividends paid either anually or semi-annually.
Another example is China Mobile Limited (CHL), trading at 10.9 times forward earnings and sporting a yield of 3.7% paid semi-annually. The company is the world's largest mobile phone operator and has the largest mobile telecommunications network in the world. The stock, which is listed on both the NYSE and the Hong Kong stock exchange, has over 600 million subscribers. The stock has a forward price to earnings ratio of 10.9. Latest quarterly earnings were up 3.6% on a 6.8% dividend rise. The stock carries a yield of 3.7%.
As for other Chinese industries, Guangshen Railway (GSH) yields 3.1% and Yazhou Coal Mining (YZC) pays 2.1%. A free list of a dozen dividend paying Chinese stocks can be found at WallStreetNewsNetwork.com, which can be downloaded, sorted, and updated.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Thursday, July 28, 2011
Buy Your Own Town for $800k
Ever wanted to won your own town, maybe change the name to your name, maybe fix it up and turn it into an investment? Now is you chance to buy Scenic, South Dakota for only $799,000.
High Yield Birth Control Stocks
An Institute of Medicine medical advisory panel recently recommended to the Health and Human Services Department that contraception should qualify as preventive care. Since insurers must fully cover the cost of preventative care under the new health care law, then everyone would have access to free birth control. No decision has been made yet by the Obama administration.
Income investors who believe that birth control is a growing business have plenty of dividend paying stocks to choose from. Here are some companies involved in birth control, some in a small way, some in a large way.
Merck (MRK) is the manufacturer of the NuvaRing, a combined hormonal contraceptive vaginal ring available by prescription and Implanon, a single-rod long acting reversible hormonal contraceptive birth control subdermal implant that is inserted just under the skin of the upper arm. The stock has a nice yield of 4.2%, and a forward PE of 9.1.
Pfizer Incorporated (PFE) makes Depo-Provera Contraceptive Injection which is injected every 3 months. The company also market birth control pills. The stock carries a CD beating 4.0% yield with a forward PE of 8.5.
Johnson & Johnson (JNJ) owns Ortho-McNeil Pharmaceutical, which makes diaphragms, and the combined oral contraceptive pill brands Ortho Tri-cyclen and Ortho-Evra. It trades at 12.3 times forward earnings and provides a yield of 3.4%.
Teva Pharmaceutical Industries Ltd. (TEVA) produces various pharmaceuticals including women's health care products, oral contraceptives, and intrauterine contraception. The company owns Barr Pharmaceuticals, Inc., which owns Duramed Pharmaceuticals, Inc., which makes the ParaGard T-380A, a copper-T IUD, the only copper-containing intrauterine device approved for use in the U.S. The stock trades at 8.3 times forward earnings and pays a yield of 1.7%.
Church & Dwight Co., Inc. (CHD), producer of household, personal care, and specialty products, is probably most known for it Arm & Hammer baking soda product. The company makes and markets the Trojan brands of prophylactics. In addition to condoms, it also produces home pregnancy kits. The stock sports a forward price to earnings ratio of 16.9, with a 0.8% yield.
To see all the companies involved in the production of contraception and birth control, go to WallStreetNewsNetwork.com, to access the free down-loadable list.
Disclosure: Author owns PFE.
By Stockerblog.com
2000 More Movies and Shows for Amazon
Amazon (AMZN) will now have more than 2,000 new movies and TV shows to its Prime instant streaming video service. The entertainment is coming from NBCUniversal. "Being John Malkovich" is one of the movies that is part of the deal.
$1 Billion More for Madoff Victims
Victims of Bernard Madoff's massive Ponzi scheme will receive another billion dollars, thanks to the recovery by the trustees from some of the feeder funds, including Tremont Group, along with others. According to a trustee, $8.6 billion has been recovered so far.
Stocks Going Ex Dividend the Second Week of August
Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets. In flat or choppy markets, you have to be extremely careful.
In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend during the next week or two. The list contains many dividend paying companies, all with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the market capitalization, the ex-dividend date and the yield.
Olin Corporation (OLN) market cap: $1.7B ex div date: 8/8/2011 yield: 3.7%
Duke Energy Corporation (DUK) market cap: $25.2B ex div date: 8/10/2011 yield: 5.3%
Pitney Bowes Inc. (PBI) market cap: $4.6B ex div date: 8/10/2011 yield: 6.6%
Eli Lilly & Co. (LLY) market cap: $44.8B ex div date: 8/11/2011 yield: 5.1%
Shaw Communications Inc. (SJR) market cap: $9.5B ex div date: 8/11/2011 yield: 4.2%
The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out the high yield utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com or WSNN.com.
Dividend definitions:
Declaration date: the day that the company declares that there is going to be an upcoming dividend.
Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.
Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks two business days before the record date.
Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.
Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Wednesday, July 27, 2011
Top Yield Stocks of Warren Buffett
Last month, eBay (EBAY) held an auction of a lunch with the famous billionaire investor Warren Buffett, head of Berkshire Hathaway (BRK-A) (BRK-B). The high bid at the auction was $2,345,678. With Buffett's outstanding track record, and investors willing to pay millions to have lunch with him to pick his brain.
Many of the stocks that Buffett owns through Berkshire Hathaway pay dividends, according to the free list at WallStreetNewsNetwork.com. Yields range from less than one percent to in excess of six percent.
Kraft Foods Inc (KFT) is one of the high dividend payers on the list, sporting a yield of 3.3%. It trades at 13.8 times earnings, however earnings were down over 57% for the latest quarter on an 11% increase in revenues. The company reports earnings August 4.
Another high yielder owned by Buffett is Johnson & Johnson (JNJ), yielding 3.4%. It has a forward price to earnings ratio of 12.4. The company just reported earnings, which were down about 20% on an 8.3 increase in revenues.
A couple other high yield Buffett stocks include ConocoPhillips (COP) yielding 3.5% and Sanofi Aventis (SNY) with a payout rate of 3.3%.
To see other high yield Warren Buffett stocks, you can download the free list at WallStreetNewsNetwork.com, which can be updated and sorted.
Disclosure: Author owns EBAY.
By Stockerblog.com
Many of the stocks that Buffett owns through Berkshire Hathaway pay dividends, according to the free list at WallStreetNewsNetwork.com. Yields range from less than one percent to in excess of six percent.
Kraft Foods Inc (KFT) is one of the high dividend payers on the list, sporting a yield of 3.3%. It trades at 13.8 times earnings, however earnings were down over 57% for the latest quarter on an 11% increase in revenues. The company reports earnings August 4.
Another high yielder owned by Buffett is Johnson & Johnson (JNJ), yielding 3.4%. It has a forward price to earnings ratio of 12.4. The company just reported earnings, which were down about 20% on an 8.3 increase in revenues.
A couple other high yield Buffett stocks include ConocoPhillips (COP) yielding 3.5% and Sanofi Aventis (SNY) with a payout rate of 3.3%.
To see other high yield Warren Buffett stocks, you can download the free list at WallStreetNewsNetwork.com, which can be updated and sorted.
Disclosure: Author owns EBAY.
By Stockerblog.com
Saturday, July 23, 2011
Stocks Going Ex Dividend the First Week of August
Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets. In flat or choppy markets, you have to be extremely careful.
In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend during the next week or two. The list contains many dividend paying companies, all with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the market capitalization, the ex-dividend date and the yield.
Global Partners LP (GLP) market cap: $496.4M ex div date: 8/1/2011 yield: 8.7%
FirstEnergy Corp. (FE) market cap: $18.6B ex div date: 8/3/2011 yield: 5.0%
Hudson City Bancorp, Inc. (HCBK) market cap: $4.4B ex div date: 8/3/2011 yield: 3.8%
R.R. Donnelley & Sons Company (RRD) market cap: $4.1B ex div date: 8/3/2011 yield: 5.3%
The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out the high yield utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com or WSNN.com.
Dividend definitions:
Declaration date: the day that the company declares that there is going to be an upcoming dividend.
Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.
Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks two business days before the record date.
Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.
Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Rate Increases for High Yield Electric Utilities
The number one choice of income investors is utility stocks, especially electric utilities. What electric stocks might give you the biggest charge for your portfolio? One area that investors should look at are the companies that are receiving rate increases, such as the 2.2 percent rate hike for Hawaiian Electric (HE) and the $172 million a year that Ameren (AEE) will receive through its Ameren Missouri division.
WallStreetNewsNetwork.com just updated its list of electric utility stocks and there are over 25 with yields in excess of 3%. Hawaiian Electric and Ameren made the list of the top ten, in terms of yield. These stocks can usually provide relative security, safety, and stability compared to stocks in many other sectors, through the payment of fairly high dividends.
Hawaiian Electric Industries Inc. (HE), the largest supplier of electricity in the state of Hawaii, is one of my favorite utilities (although I still don't own any shares). I like the fact that it generates electricity from very diverse sources of fuel: oil, coal, hydro, bagasse, recycled oil, wind, geothermal, waste-to-energy, and solar. In case you are wondering what bagasse is, it is sugarcane waste.
One of the nice features about Hawaiian Electric is that about 20,000 Hawaii residents are shareholders of the company. This can make it a little easier for the company to get rate increases as the shareholding residents may not like their electric rates going up but they understand that the company needs to make money and keep paying out those high dividends. The company is also involved in developing an electric vehicle industry in the state.
Hawaiian Electric trades at 14 times forward earnings and sports a generous yield of 5%. Dividend payouts of $115 million are easily covered by the operating cash flow of $317 million. Earnings for the latest quarter were up 4.9% on a 14.8% increase in revenues. The company reports August 3.
Ameren Corporation (AEE) is an electric utility holding company that serves 2.4 million electric, and 900,000 natural gas customers in Missouri and Illinois. The stock has a forward price to earnings ratio of 14 and provides a fairly high yield of 5.2%. Unfortunately, earnings were down substantially for the latest quarter, dropping more than 30% on a slight reduction in revenues. Fortunately, dividend payouts of $371 million are significantly covered by operating cash flow of $2 billion. The company reports earnings on August 4.
For more top yielding utilities, you can access a free downloadable database of high yield electric utility stocks including one which yields more than 6%, which you can update, change, and sort, at WSNN.com.
Disclosure: Author did not not own any of the above at the time the article was written.
By Stockerblog.com
WallStreetNewsNetwork.com just updated its list of electric utility stocks and there are over 25 with yields in excess of 3%. Hawaiian Electric and Ameren made the list of the top ten, in terms of yield. These stocks can usually provide relative security, safety, and stability compared to stocks in many other sectors, through the payment of fairly high dividends.
Hawaiian Electric Industries Inc. (HE), the largest supplier of electricity in the state of Hawaii, is one of my favorite utilities (although I still don't own any shares). I like the fact that it generates electricity from very diverse sources of fuel: oil, coal, hydro, bagasse, recycled oil, wind, geothermal, waste-to-energy, and solar. In case you are wondering what bagasse is, it is sugarcane waste.
One of the nice features about Hawaiian Electric is that about 20,000 Hawaii residents are shareholders of the company. This can make it a little easier for the company to get rate increases as the shareholding residents may not like their electric rates going up but they understand that the company needs to make money and keep paying out those high dividends. The company is also involved in developing an electric vehicle industry in the state.
Hawaiian Electric trades at 14 times forward earnings and sports a generous yield of 5%. Dividend payouts of $115 million are easily covered by the operating cash flow of $317 million. Earnings for the latest quarter were up 4.9% on a 14.8% increase in revenues. The company reports August 3.
Ameren Corporation (AEE) is an electric utility holding company that serves 2.4 million electric, and 900,000 natural gas customers in Missouri and Illinois. The stock has a forward price to earnings ratio of 14 and provides a fairly high yield of 5.2%. Unfortunately, earnings were down substantially for the latest quarter, dropping more than 30% on a slight reduction in revenues. Fortunately, dividend payouts of $371 million are significantly covered by operating cash flow of $2 billion. The company reports earnings on August 4.
For more top yielding utilities, you can access a free downloadable database of high yield electric utility stocks including one which yields more than 6%, which you can update, change, and sort, at WSNN.com.
Disclosure: Author did not not own any of the above at the time the article was written.
By Stockerblog.com
3 More Banks Bite the Dust
According to the Federal Deposit Insurance Corp., LandMark Bank and Southshore Community Bank in Florida have failed and will be taken over by American Momentum Bank in Tampa. Bank of Choice in Colorado is being taken over by Bank Midwest NA of Kansas City, Mo.
Woman Kicked Off Jet Blue Flight Because of Underwear Incident
A woman who was flying to Florida claimed that she was kicked off a flight because of what she was wearing. Apparently she was wearing shorts and an extra long baggy T-shirt that covered the shorts. She claimed that a Jet Blue (JBLU) supervisor placed the antenna of his walkie-talkie between her legs and asked her if she was wearing panties.
Commodities Trader Threatened to Kill 40 Regulators
A commodities trader in New York threatened to kill 40 securities and commodities traders at the Securities and Exchange Commission, Financial Industry Regulatory Authority and the Commodity Futures Trading Commission. He even put the list on his website. He decided to plead guilty.
The Fake Apple Store
Success breeds copycats. But in this case, it is a bit extreme. A group of counterfeiters in Kunming near Shanghai China have been selling (possibly/probably) knockoffs of the Apple (AAPL) iPhones and iPads through a fake Apple Store!!!
According to an American who was visiting China, the store looks exactly like the real thing. However, Apple reported that they have no such authorized store there.
According to an American who was visiting China, the store looks exactly like the real thing. However, Apple reported that they have no such authorized store there.
Friday, July 22, 2011
The First Baby Boomers are Turning 65
Are you planning on retiring soon? See how you compare to the Baby Boomer averages.
[Via: Alert1 Medical Alert Systems and Medical Alarm Systems for Seniors - Alert One ®]
[Via: Alert1 Medical Alert Systems and Medical Alarm Systems for Seniors - Alert One ®]
Monday, July 18, 2011
Stocks Going Ex Dividend the Fourth Week of July
Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets. In flat or choppy markets, you have to be extremely careful.
In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend during the next week or two. The list contains many dividend paying companies, all with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the market capitalization, the ex-dividend date and the yield.
The Clorox Company (CLX) market cap: $9.0B ex div date: 7/25/2011 yield: 3.6%
DNP Select Income Fund Inc. (DNP) market cap: $2.4B ex div date: 7/27/2011 yield: 7.8%
Education Realty Trust, Inc. (EDR) market cap: $611.7M ex div date: 7/27/2011 yield: 3.3%
NiSource Inc. (NI) market cap: $5.6B ex div date: 7/27/2011 yield: 4.6%
Fifth Street Finance Corp. (FSC) market cap: $772.0M ex div date: 7/28/2011 yield: 10.9%
The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out the high yield utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com or WSNN.com.
Dividend definitions:
Declaration date: the day that the company declares that there is going to be an upcoming dividend.
Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.
Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks two business days before the record date.
Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.
Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Sunday, July 17, 2011
The Advantage of Monthly Dividends Over Quarterly Dividends
There are several advantages to receiving monthly dividends over quarterly dividends:
1. compounding takes place quicker
2. the invested capital is returned faster
3. there is usually less price volatility of the investment
4. many of monthly dividend investments pay dividends that are tax free.
According to the database list at WallStreetNewsNetwork.com, there are about a couple hundred different companies that pay dividends monthly, many of which have fairly high yields. Although these investments are often referred to as stocks, that term is used loosely. These investments are real estate investment trusts, oil income trusts, closed end bond funds, and closed end income stock funds, which pay dividends every month.
An example is Gas Natural Inc. (EGAS), formerly known as Energy, Inc., It is a distributor of natural gas in Montana, Wyoming, North Carolina, and Maine. It was founded in 1909. The stock pays a yield of 4.6% and sports a price to earnings ratio of 12.5.
LMP Real Estate Income Fund Inc. (RIT), is an exchange traded fund that invests in real estate related companies including real estate investment trusts. It sports a yield of 6.8%, and has paid dividends since 2002. It is trading at a slight discount to net asset value. The management fee is 0.61%.
Calamos Convertible & High Income (CHY) has a decent yield of 7.3%. However, the management fee is fairly high at 1.13%. This CEF, founded in 2003, invests in high yield fixed income securities and convertible securities.
The MFS Multimarket Income Trust (MMT) pays a yield of 7.7%. The stock trades at a 9.2% to net asset value. The company, which has been around since 1987, has a management fee of 0.85%.
Baytex Energy (BTE) is an investment trust which generates income from petroleum and natural gas properties. It generates a yield of 4.4%, and has been paying monthly since 2006. The company trades at 20.3 times forward earnings.
Realty Income Corp. (O), one of the few stocks with a single letter stock ticker symbol, yields 5.1%. This real estate investment trust which specializes in commercial retail real estate, has been around since 1969. The stock trades at 15.9 times forward earnings.
Provident Energy Trust (PVX) is a Canadian income trust which generates a yield of 6.3% through the marketing of natural gas liquids. It was founded in 1993. Canada's new legislation which taxes trust income goes into effect this year. This would tax the trusts at the corporate level in addition to the shareholder level. However, this taxation is probably already built into the price of these Canadian trusts.
The monthly dividend investments you should avoid are:
1. the ones with high management fees
2. the ones with limited liquidity and which trade very few shares each day
3. the ones that trade at a premium to net asset value
4. the ones using excessive leverage
5. for municipal bond closed end funds, beware of the Alternative Minimum Tax
To see the list of about a couple hundred monthly dividend stocks, including many that have yields of 6% or more, go to WallStreetNewsNetwork.com. Remember, very high yields may not be sustainable.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
1. compounding takes place quicker
2. the invested capital is returned faster
3. there is usually less price volatility of the investment
4. many of monthly dividend investments pay dividends that are tax free.
According to the database list at WallStreetNewsNetwork.com, there are about a couple hundred different companies that pay dividends monthly, many of which have fairly high yields. Although these investments are often referred to as stocks, that term is used loosely. These investments are real estate investment trusts, oil income trusts, closed end bond funds, and closed end income stock funds, which pay dividends every month.
An example is Gas Natural Inc. (EGAS), formerly known as Energy, Inc., It is a distributor of natural gas in Montana, Wyoming, North Carolina, and Maine. It was founded in 1909. The stock pays a yield of 4.6% and sports a price to earnings ratio of 12.5.
LMP Real Estate Income Fund Inc. (RIT), is an exchange traded fund that invests in real estate related companies including real estate investment trusts. It sports a yield of 6.8%, and has paid dividends since 2002. It is trading at a slight discount to net asset value. The management fee is 0.61%.
Calamos Convertible & High Income (CHY) has a decent yield of 7.3%. However, the management fee is fairly high at 1.13%. This CEF, founded in 2003, invests in high yield fixed income securities and convertible securities.
The MFS Multimarket Income Trust (MMT) pays a yield of 7.7%. The stock trades at a 9.2% to net asset value. The company, which has been around since 1987, has a management fee of 0.85%.
Baytex Energy (BTE) is an investment trust which generates income from petroleum and natural gas properties. It generates a yield of 4.4%, and has been paying monthly since 2006. The company trades at 20.3 times forward earnings.
Realty Income Corp. (O), one of the few stocks with a single letter stock ticker symbol, yields 5.1%. This real estate investment trust which specializes in commercial retail real estate, has been around since 1969. The stock trades at 15.9 times forward earnings.
Provident Energy Trust (PVX) is a Canadian income trust which generates a yield of 6.3% through the marketing of natural gas liquids. It was founded in 1993. Canada's new legislation which taxes trust income goes into effect this year. This would tax the trusts at the corporate level in addition to the shareholder level. However, this taxation is probably already built into the price of these Canadian trusts.
The monthly dividend investments you should avoid are:
1. the ones with high management fees
2. the ones with limited liquidity and which trade very few shares each day
3. the ones that trade at a premium to net asset value
4. the ones using excessive leverage
5. for municipal bond closed end funds, beware of the Alternative Minimum Tax
To see the list of about a couple hundred monthly dividend stocks, including many that have yields of 6% or more, go to WallStreetNewsNetwork.com. Remember, very high yields may not be sustainable.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Are Cigarette Stocks Smokin' with those High Yields?
There are many socially responsible mutual funds that avoid tobacco companies, and many investors also do likewise. However, if you have no qualms about investing in the producers of cigarettes, you might want to take a look at the list of high yielding tobacco companies at WallStreetNewsNetwork.com, many of which yield in excess of 3%.One high yielder is Lorillard (LO) which has a payout of 4.7%. The stock, which markets the Newport, Kent, True, Maverick, Old Gold, and Max brands, trades at 13 times forward earnings. Earnings for the latest quarter were up 6.9% on a 14.4% increase in revenues.
Another example is Reynolds American Inc. (RAI), which makes and markets cigarettes and other tobacco products including the Camel, Kool, Pall Mall, Doral, Winston, Salem, Misty, Capri, Dunhill, and Natural American Spirit brands. The stock has a forward price to earnings ratio of 13.1, and sports a yield of 5.7%.
Vector Group Ltd. (VGR) is a Florida based tobacco company that has many brands of cigarettes including Liggett, Grand Prix, Eve, Pyramid, USA and nicotine-free Quest. The stock has a price to earnings ratio of 22, and pays a yield of 8.9%.
Altria Group Inc. (MO) is a Virginia based company that makes and markets cigarettes, cigars, and beer. It is the largest cigarette company by market cap in the US. The stock has a forward PE of 12.2, and pays a yield of 5.7%.
For a list of all the high yield tobacco stocks, which and be downloaded, sorted, and updated, go to WallStreetNewsNetwork.com.
If you haven't seen the graphic color anti smoking pictures which will be appearing on cigarette packs, you should check them out. (Warning: some of them are gross.)
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Saturday, July 16, 2011
Is Your Head in the Clouds? Are Your Stocks in the Clouds?
Have you seen more ads on TV and in print about clouds and cloud computing? Cloud computing is having your programs and data stored remotely on a server in another location, instead of on your own individual computer. As long as you have an Internet connection, you can have a cheap old computer and still take advantage of cloud computing. The servers of companies that provide this service represent the 'clouds', and those servers can be located anywhere. Yahoo (YHOO) mail, Google (GOOG) gmail, and Microsoft's (MSFT) hotmail are examples of cloud computing in a limited way. The email servers are not in your office or home as you use the Yahoo or Google or Microsoft servers. Some universities and companies are utilizing the email services of Google, which saves them money on servers and saves on staffing.Cloud computing can reduce waste and carbon footprints along with providing significant cost savings. Companies that utilize cloud computing don't need to Costs relating to the disposal of old computers and servers is cut back significantly. Data security is the job of the cloud computing firm. Businesses can eliminate the techs that have to come out and install new software to each employees' station. Network administrators monitoring the company's servers are reduced also.
Investors like the green and financial benefits of cloud computing companies. According to WallStreetNewsNetwork.com, there are over 25 stocks in the cloud field, based oh the free Cloud Computer Stock list, which includes companies involved in server farms and outsourced storage systems.
The one of the largest corporations that falls into the cloud computer arena is Salesforce.com (CRM), which is a provider of customer-relationship management services. The company's stock symbol stands for Customer Relationship Management. Salesforce has customers of all sizes, including the Staples (SPLS), Expedia (EXPE), News Corp. (NWS-A), and SunTrust Banks (STI). Salesforce trades at 43 times forward earnings. Latest quarter revenues were up 33.8% year-over-year. However, GAAP diluted earnings per share were breakeven, and non-GAAP diluted earnings per share decreased 7% year-over-year to $0.28.
Citrix Systems, Inc. (CTXS) provides on demand applications and online services, including GoToMeeting, GoToWebinar, GoToTraining, GoToAssist, and GoToMyPC. This debt free company has a forward price to earnings ratio of 28. The latest quarterly earnings were up 55% on a revenue increase of 18%.
VMware (VMW) is another major cloud and virtualization company. Its product VMware vSphere is a cloud computing data center platform. It sports a forward price to earnings ratio of 44. The company reported that latest earnings increased an 60% in earnings on a 33% increase in revenues.
To access the free Excel spreadsheet database of numerous companies involved in cloud computing in some way, that can be downloaded, sorted, and updated, go to WallStreetNewsNetwork.com. You can also get info on the green aspects of cloud computing from my book The Green Light on Green Stocks: A Quick Guide to Green Investing and Making Money in Alternative Energy Stocks, in which I described cloud computing as a green industry and a way of providing money saving services to many corporations.
Disclosure: Author owns YHOO.
By Stockerblog.com
Wednesday, July 13, 2011
Stocks Going Ex Dividend the Third Week of July
Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets. In flat or choppy markets, you have to be extremely careful.
In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend during the next week or two. The list contains many dividend paying companies, all with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the market capitalization, the ex-dividend date and the yield.
Comtech Telecomm. Corp. (CMTL) market cap: $721.8M ex div date: 7/19/2011 yield: 3.6%
Main Street Capital Corporation (MAIN) market cap: $430.3M ex div date: 7/19/2011 yield: 8.4%
Putnam Master Int. Income (PIM) market cap: $377.3M ex div date: 7/20/2011 yield: 6.1%
Alpine Total Dynamic Dividend Fund (AOD) market cap: $1.3B ex div date: 7/20/2011 yield: 11.1%
Royal Bank of Canada (RY) market cap: $81.0B ex div date: 7/22/2011 yield: 4.0%
Abbott Laboratories (ABT) market cap: $81.1B ex div date: 7/13/2011 yield: 3.7%
Shaw Communications Inc. (SJR) market cap: $9.2B ex div date: 7/13/2011 yield: 4.3%
Consolidated Communications Holdings Inc (CNSL) market cap: $580.9M ex div date: 7/13/2011 yield: 8.0%
Gabelli Global Gold, Natural Res &Income (GGN) market cap: $1.0B ex div date: 7/13/2011 yield: 9.7%
H&R Real Estate Investment Trust (HRUFF) market cap: $2.8B ex div date: 7/13/2011 yield: 4.6%
The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out the high yield utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com or WSNN.com.
Dividend definitions:
Declaration date: the day that the company declares that there is going to be an upcoming dividend.
Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.
Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks two business days before the record date.
Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.
Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Saturday, July 09, 2011
Top Stocks Selling Below Book Value
The book value of a stock, in simple terms, is what you get when you sell off all the corporations assets, pay off all the debts, and divide up what is left among the shareholders. Therefore, if you are buying a stock at a price below book value, you are getting a pretty good value. There are many stocks currently selling at significant discounts.
One example is Genco Shipping & Trading Ltd. (GNK), which is trading at a huge discount, 22% of its book value. This operator of drybulk carrier vessels trades at about 2.2 times earnings and 58% of sales. Revenues for the latest quarter were up 7.1%, however, earnings dropped 60%.
Dynegy Inc. (DYN) has a price to book ratio of 32%. This wholesales of electric energy has a price sales ratio of 0.39. The company recently experienced a 41% drop in revenues and generated negative earnings. The stock trades at less than $7 per share and has $3.31 in cash.
Boyd Gaming Corp. (BYD) runs 15 casino entertainment facilities in Nevada, Mississippi, Illinois, Louisiana, Indiana, and New Jersey. The stock trades at half of book value, trades at 49 times forward earnings, and has a price sales ratio of 035. Revenues for the latest quarter ere up 36.1%.
If you are looking for below book stocks that pay dividends, WallStreetNewsNetwork.com has a free list that can be downloaded.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
One example is Genco Shipping & Trading Ltd. (GNK), which is trading at a huge discount, 22% of its book value. This operator of drybulk carrier vessels trades at about 2.2 times earnings and 58% of sales. Revenues for the latest quarter were up 7.1%, however, earnings dropped 60%.
Dynegy Inc. (DYN) has a price to book ratio of 32%. This wholesales of electric energy has a price sales ratio of 0.39. The company recently experienced a 41% drop in revenues and generated negative earnings. The stock trades at less than $7 per share and has $3.31 in cash.
Boyd Gaming Corp. (BYD) runs 15 casino entertainment facilities in Nevada, Mississippi, Illinois, Louisiana, Indiana, and New Jersey. The stock trades at half of book value, trades at 49 times forward earnings, and has a price sales ratio of 035. Revenues for the latest quarter ere up 36.1%.
If you are looking for below book stocks that pay dividends, WallStreetNewsNetwork.com has a free list that can be downloaded.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Stocks Going Ex Dividend the Second Week of July
Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets. In flat or choppy markets, you have to be extremely careful.
In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend during the next week or two. The list contains many dividend paying companies, all with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the market capitalization, the ex-dividend date and the yield.
Abbott Laboratories (ABT) market cap: $81.1B ex div date: 7/13/2011 yield: 3.7%
Shaw Communications Inc. (SJR) market cap: $9.2B ex div date: 7/13/2011 yield: 4.3%
Consolidated Communications Holdings Inc (CNSL) market cap: $580.9M ex div date: 7/13/2011 yield: 8.0%
Gabelli Global Gold, Natural Res &Income (GGN) market cap: $1.0B ex div date: 7/13/2011 yield: 9.7%
H&R Real Estate Investment Trust (HRUFF) market cap: $2.8B ex div date: 7/13/2011 yield: 4.6%
The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out the high yield utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com or WSNN.com.
Dividend definitions:
Declaration date: the day that the company declares that there is going to be an upcoming dividend.
Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.
Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks two business days before the record date.
Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.
Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Tuesday, July 05, 2011
Guess What Product this is a Commercial For?
I will give you a hint. It is for a product made by a Hong Kong based company which trades on the Pink Sheets with the stock symbol TTNDY. (Yeah, I know, that hint is no use at all.)
Monday, July 04, 2011
Ohio Now Allows Guns in Bars, Malls, and Cars: What About Gun Stocks?
Ohio Republican Governor John Kasich just signed a law that allows gun owners to carry concealed weapons into bars, restaurants, shopping malls, sporting venues, and motor vehicles.So is it time to pull the trigger on stocks of firearms manufacturers?
One of the largest gun and firearms manufacturers in the United States is Sturm Ruger & Co. Inc. (RGR), which trades on the New York Stock Exchange. This Connecticut based company has been manufacturing rifles, shotguns, pistols and revolvers since 1948. The stock trades at 14.7 times forward earnings, and pays a yield of 1.8%.
The other major American firearms manufacturer is the NASDAQ traded Smith & Wesson Holding Corp. (SWHC), a famous name in firearms which has been around since 1856. The company was founded by Horace Smith and Daniel B. Wesson, after selling out their first company, Volcanic Repeating Arms Company, to Oliver Winchester. The company manufactures and sells revolvers, pistols, rifles, hand cuffs, and clothing. They also own law enforcement training facilities. The company recently generated negative earnings; however, revenues were up 5.7% for the latest quarter.
TASER International Inc. (TASR) maker of the famous TASER guns, which are electroshock weapons that use electro-muscular disruption technology to cause neuromuscular incapacitation, which are sold to law enforcement, private security, military, corrections, and personal defense markets. The stock trades at 32.6 times forward earnings.
If you like stock lists like this you should check out the list of Anti-Terrorism Stocks and Defense and Aerospace Stocks at WallStreetNewsNetwork.com.
Disclosure: Author owns RGR.
By Stockerblog.com
Stocks Selling Below Cash per Share
One metric that value investors look at is the amount of cash per share, in other words, dividing all the cash that the company has in the bank divided by all the outstanding shares. Then if you compare that cash per share to the stocks price, and if the cash exceeds the stock price, then you might have found a very favorable investment.
You obviously have to look at other factors and metrics, but finding the stocks below cash could be a good starting point. WallStreetNewsNetwork.com just updated its list of stocks selling below cash, which also includes data on the forward price to earnings ratio and the total debt.
One example is Investment Technology Group, Inc. (ITG) is a financial markets technology firm which is primarily sold to hedge funds and asset management companies. The company produced POSIT, the industry’s second anonymous electronic trade matching system, in 1987. ITG also markets tools for portfolio management, pre-trade analysis, order management, trade execution, and post-trade evaluation. The company has about $32 in cash per share and trades at 14 per share. The stock trades at 12.1 times forward earnings and total debt amounting to $34.2 million. Earnings per share increased by 13.2% for the latest quarter on a 2.3% increase in revenues.
Xinyuan Real Estate Co., Ltd. (XIN) is a China based residential real estate development business, and provider of property management services. The stock is trading at 2.22, about a 41% discount to cash per share of 3.76. The company has a forward price to earnings ratio of 2 and total debt of $323.5 million. Earnings for the latest quarter were down 2.1% on a 17.1% reduction in revenues.
For a list of stocks trading below cash per share, which you can update and sort, go to WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
You obviously have to look at other factors and metrics, but finding the stocks below cash could be a good starting point. WallStreetNewsNetwork.com just updated its list of stocks selling below cash, which also includes data on the forward price to earnings ratio and the total debt.
One example is Investment Technology Group, Inc. (ITG) is a financial markets technology firm which is primarily sold to hedge funds and asset management companies. The company produced POSIT, the industry’s second anonymous electronic trade matching system, in 1987. ITG also markets tools for portfolio management, pre-trade analysis, order management, trade execution, and post-trade evaluation. The company has about $32 in cash per share and trades at 14 per share. The stock trades at 12.1 times forward earnings and total debt amounting to $34.2 million. Earnings per share increased by 13.2% for the latest quarter on a 2.3% increase in revenues.
Xinyuan Real Estate Co., Ltd. (XIN) is a China based residential real estate development business, and provider of property management services. The stock is trading at 2.22, about a 41% discount to cash per share of 3.76. The company has a forward price to earnings ratio of 2 and total debt of $323.5 million. Earnings for the latest quarter were down 2.1% on a 17.1% reduction in revenues.
For a list of stocks trading below cash per share, which you can update and sort, go to WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Sunday, July 03, 2011
High Yield Brazil Utility Stocks
Brazil's economy grew at a rate of 7% last year, partially due to significant exports to China. Even Goldman Sachs is expanding its staffing in Brazil by 20%. Investors looking for growth and stability in Brazilian investments should take a closer look at Brazilian utility stocks, all of which appear on the Brazil stock list at WallStreetNewsNetwork.com.
CPFL Energia S.A. (CPL) is one of the largest companies that provides electric generation and distribution in Brazil is CPFL Energia. The company is composed of CPFL Brasil, CPFL Pirantininga, CPFL Paulista, CPFL Geracao and SEMESA.
The company is headquartered in Campinas, Sao Paulo, and is one of the top 50 largest Brazilian company in terms of sales.
The company has an installed generating capacity of 2,309 megawatts. In total, the consumer group revenues were approximately 31.4 percent from industrial customers, 19.6 percent from commercial customers, 37.3 percent from residential customers and 3.3 percent from rural customers, along with 8.4 percent from other customers.
The company also owns a couple dozen small hydroelectric generation facilities and one thermoelectric power plant.
The stock has a forward price to earnings ratio of 17.3 and a a yield of 4.4%.
Companhia de Saneamento Basico do Estado de Sao Paulo [SABESP] (SBS) is a utility company that operates out of Brazil, providing water and sewage services to residential, commercial and industrial customers in over 350 municipalities in Sao Paulo, including the City of Sao Paulo.
The services it provides are basic sanitation services, including abstraction, treatment, processing, distributing, and the collection and treatment of sewage.
The largest sector of revenue for the company is the Sao Paulo Metropolitan Regional and Regional Systems.
The company has over 15,000 employees.
In terms of water treatment, the company has approximately 200 treatment facilities, of which the eight largest in the Sao Paulo Metro Region accounts for 72 percent of all the water produced. All the water treated by the company receives fluoridation treatment.
The Sewage Treatment and Disposal aspect of the business collects about 63 percent of all the sewage collected in the State of Sao Paulo. After the water has been treated, it is discharged into inland waters and the Atlantic Ocean. Currently, Sabesp has over 400 sewage treatment facilities and eight ocean outfalls.
The stock has a forward P/E of 7.8 and a yield of 4%.
Companhia Energetica de Minas Gerais [CEMIG] (CIG) is the largest combined power generator and distributor in Brazil, Companhia Energetica de Minas Gerais, known as CEMIG, has over 50 power plants in operation, with a generating capacity of 6,000 megawatts. The company also owns cable television and internet and telecommunications services.
Over half of the stock in Cemig is owned by Minas Gerais, which his traded on the Bovespa and the New York Stock Exchange.
The power generation of the company is produced through 51 hydroelectric plants, four thermoelectric plants and one wind farm. Eight of the hydroelectric plants account for about 83 percent of the installed electric capacity of the company. The company also has over 30 substations, with around 100 transformers that have a transformation capacity of approximately 15,000 megavolts.
The company transmits both its own energy, and the energy that is purchased from Itaipu. The company has a dozen industrial consumers, who accounted for nearly 20 percent of the total volume of electricity the company sold.
The stock has a forward P/E of 12.3 and pays a yield of 5.3%.
Companhia Paranaense de Energia [COPEL] (ELP), also known as COPEL, is an electric power company that specializes in the business of transmission, distribution and generation of electric power in Brazil’s Parana state. The company also provides telecommunication and information technology services through services it has developed with various partnerships. The company has over 15 hydroelectric plants and one thermoelectric plant.
The company is made up of five subsidiaries, Copel Geracao, Copel Transmissao, Copel Distribuicao, Copel Telecomunicacacaes and Copel Participacaes.
The generation sector of the company is done through 18 power plants. The system relies on 12 substations, 11 of which are remote-operated.
The stock has a forward P/E of 11.6 and a yield of 0.7%.
A free list of Brazil stocks can be found at WallStreetNewsNetwork.com, which can be downloaded, updated, and sorted. Also, don't forget to check out the articles on other Brazil industries, including Brazil Telecommunications Stocks and Brazil Financial Stocks.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
CPFL Energia S.A. (CPL) is one of the largest companies that provides electric generation and distribution in Brazil is CPFL Energia. The company is composed of CPFL Brasil, CPFL Pirantininga, CPFL Paulista, CPFL Geracao and SEMESA.
The company is headquartered in Campinas, Sao Paulo, and is one of the top 50 largest Brazilian company in terms of sales.
The company has an installed generating capacity of 2,309 megawatts. In total, the consumer group revenues were approximately 31.4 percent from industrial customers, 19.6 percent from commercial customers, 37.3 percent from residential customers and 3.3 percent from rural customers, along with 8.4 percent from other customers.
The company also owns a couple dozen small hydroelectric generation facilities and one thermoelectric power plant.
The stock has a forward price to earnings ratio of 17.3 and a a yield of 4.4%.
Companhia de Saneamento Basico do Estado de Sao Paulo [SABESP] (SBS) is a utility company that operates out of Brazil, providing water and sewage services to residential, commercial and industrial customers in over 350 municipalities in Sao Paulo, including the City of Sao Paulo.
The services it provides are basic sanitation services, including abstraction, treatment, processing, distributing, and the collection and treatment of sewage.
The largest sector of revenue for the company is the Sao Paulo Metropolitan Regional and Regional Systems.
The company has over 15,000 employees.
In terms of water treatment, the company has approximately 200 treatment facilities, of which the eight largest in the Sao Paulo Metro Region accounts for 72 percent of all the water produced. All the water treated by the company receives fluoridation treatment.
The Sewage Treatment and Disposal aspect of the business collects about 63 percent of all the sewage collected in the State of Sao Paulo. After the water has been treated, it is discharged into inland waters and the Atlantic Ocean. Currently, Sabesp has over 400 sewage treatment facilities and eight ocean outfalls.
The stock has a forward P/E of 7.8 and a yield of 4%.
Companhia Energetica de Minas Gerais [CEMIG] (CIG) is the largest combined power generator and distributor in Brazil, Companhia Energetica de Minas Gerais, known as CEMIG, has over 50 power plants in operation, with a generating capacity of 6,000 megawatts. The company also owns cable television and internet and telecommunications services.
Over half of the stock in Cemig is owned by Minas Gerais, which his traded on the Bovespa and the New York Stock Exchange.
The power generation of the company is produced through 51 hydroelectric plants, four thermoelectric plants and one wind farm. Eight of the hydroelectric plants account for about 83 percent of the installed electric capacity of the company. The company also has over 30 substations, with around 100 transformers that have a transformation capacity of approximately 15,000 megavolts.
The company transmits both its own energy, and the energy that is purchased from Itaipu. The company has a dozen industrial consumers, who accounted for nearly 20 percent of the total volume of electricity the company sold.
The stock has a forward P/E of 12.3 and pays a yield of 5.3%.
Companhia Paranaense de Energia [COPEL] (ELP), also known as COPEL, is an electric power company that specializes in the business of transmission, distribution and generation of electric power in Brazil’s Parana state. The company also provides telecommunication and information technology services through services it has developed with various partnerships. The company has over 15 hydroelectric plants and one thermoelectric plant.
The company is made up of five subsidiaries, Copel Geracao, Copel Transmissao, Copel Distribuicao, Copel Telecomunicacacaes and Copel Participacaes.
The generation sector of the company is done through 18 power plants. The system relies on 12 substations, 11 of which are remote-operated.
The stock has a forward P/E of 11.6 and a yield of 0.7%.
A free list of Brazil stocks can be found at WallStreetNewsNetwork.com, which can be downloaded, updated, and sorted. Also, don't forget to check out the articles on other Brazil industries, including Brazil Telecommunications Stocks and Brazil Financial Stocks.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
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