Below Book High Yield Stocks Over 5%

When looking for high yield investments, it is important to consider the safety and security of the company, not just the high dividend payout. One metric to look at is the Price to Book Ratio, which is the price of the stock in relation to the neto worth of the stock, in other words, what each share would be worth if all the company assets were sold off, all the debts paid off, and what is left over divided by the number of shares outstanding. The lower the Price to Book Ratio, the better the buy. If the ratio is less than one, the shareholder would receive more for their shares are trading at if the company immediately went out of business and sold everything off.

Obviously, the book value can be nebulous in many circumstances, especially with companies that own a lot of real estate, but the ratio can still be used as a good comparison indicator. According to WallStreetNewsNetwork.com, there are over 35 stocks with market caps over $500 million, yields above 5%, and price to book value ratios less than one. They also have PE ratios less than 20 and PEG ratios less than 1. [Many of the very high yield stocks have yields that are tenuous.] Here are ten of those stocks.

ProLogis ( PLD ) The company pays a yield of 14.8% and has a Price to Book Value of 0.51 . The stock has a PE of 7 and a PEG of 0.91 .

Protective Life Corp. ( PL ) The company pays a yield of 11.3% and has a Price to Book Value of 0.28 . The stock has a PE of 3 and a PEG of 0.31 .

Lincoln National Corporation ( LNC ) The company pays a yield of 9.6% and has a Price to Book Value of 0.46 . The stock has a PE of 6 and a PEG of 0.58 .

Colonial BancGroup, Inc. ( CNB ) The company pays a yield of 9.4% and has a Price to Book Value of 0.34 . The stock has a PE of 7 and a PEG of 0.78 .

Genworth Financial, Inc. ( GNW ) The company pays a yield of 8.3% and has a Price to Book Value of 0.17 . The stock has a PE of 4 and a PEG of 0.44 .

ArcelorMittal ( MT ) The company pays a yield of 5.7% and has a Price to Book Value of 0.58 . The stock has a PE of 3 and a PEG of 0.35 .

Ternium S.A. ( TX ) The company pays a yield of 5.7% and has a Price to Book Value of 0.33 . The stock has a PE of 2 and a PEG of 0.35 .

Royal Caribbean Cruises Ltd. ( RCL ) The company pays a yield of 5.5% and has a Price to Book Value of 0.41 . The stock has a PE of 5 and a PEG of 0.35 .

Teekay Corporation ( TK ) The company pays a yield of 5.4% and has a Price to Book Value of 0.55 . The stock has a PE of 11 and a PEG of 0.67 .

Oshkosh Corporation ( OSK ) The company pays a yield of 5.2% and has a Price to Book Value of 0.38 . The stock has a PE of 5 and a PEG of 0.24 .

A downloadable Excel database of the stocks with high yields that are selling below book value can be found at WallStreetNewsNetwork.com, which can be changed, added to, and updated.

Author does not own any of the above.

By Stockerblog.com

Will the Stock Market Be Open on Tuesday?

This Tuesday, November 11, is Veteran's Day. Banks will be closed but the New York Stock Exchange and NASDAQ will be open with normal hours of operation. Because it is a bank holiday, if you buy on margin that day, there may be an issue with margin maintenance. Please contact your broker for more details.

Florida Stocks: A Politically and Economically Important State

Florida was a turning point in the presidential election four years ago. This year, it wasn't as significant politically but it is significant from an economic standpoint. Florida is one of those places you visit for pleasure and stay for business. Beautiful beaches and tropical weather attract tourists from all over the world, and the state’s low cost of living, and business friendly policies keep them there. Actually over 1,000 people relocate to Florida daily. Some interesting facts about Florida are:

1. Florida residents spend less on energy than any other state in the country.
2. Florida is the top travel destination in the world, with a total of 77 billion visitors in 2004.
3. The aerospace industry of Florida generates 23,000 jobs.
4. Florida produces about 40% of total world supply of orange juice.
5. Florida is the number 4 producer of nonfuel minerals in the country. Generating more than 9,000 jobs.
6. The state is the top producer of phosphate in the nation.
7. Florida has no state income tax.
8. Limited partnerships and S-corporations are exempt of income tax.
9. The state does not impose a property tax.
10. Florida is the 15th largest economy in the world.

The following companies are headquartered in Florida:

Publix Super Markets, Inc. (PUSH.OB) is a retail supermarket chain in the state of Florida. The stock has a market cap of $102.37 billion, a PE of 87, and it pays a yield of 0.4%.

Carnival Corporation (CCL) is a cruise, hotel and vacation company, with property around the world. The stock has a market cap of $23.26 billion, a PE of 10, a PEG of 0.88, and it pays a yield of 5.8%.

CSX Corporation (CSX) is a transportation company. It provides rail services in North America. The stock has a market cap of $17.07 billion, a PE of 12, a PEG of 0.68, and it pays a yield of 2.1%.

FPL Group, Inc. (FPL) produces and sells electricity in the state of Florida. The stock has a market cap of $17.08 billion, a PE of 14, a PEG of 0.98, and it pays a yield of 4.7%.

Harris Corporation, (HRS) is a communications company. Its customers include government, and broadcast networks. The stock has a market cap of $4.78 billion, a PE of 11, a PEG of 0.51, and it pays a yield of 2.4%.

Republic Services, Inc. (RSG) is a waste collection company. Its services include commercial, industrial and residential services throughout the United States. The stock has a market cap of $4.05 billion, a PE of 16, a PEG of 1.11, and it pays a yield of 3.5%.

Roper Industries, Inc. (ROP) is an energy systems developer. It produces scientific and industrial products and software. The stock has a market cap of $3.83 billion, a PE of 14, a PEG of 0.86, and it pays a yield of 0.7%.

Citrix Systems, Inc. (CTXS) is a developer and seller of software solutions. The stock has a market cap of $3.83 billion, a PE of 21, and a PEG of 0.93.

Royal Caribbean Cruises, Ltd. (RCL) is a cruise company that operates worldwide. The stock has a market cap of $4.03 billion, a PE of 6, a PEG of 0.58, and it pays a yield of 3.5%.

Regency Centers Corporation (REG) is a real estate investment company. The stock has a market cap of $2.91 billion, a PE of 20, a PEG of 1.34, and it pays a divided of 7.0%.

Don't forget to check out the stocks from the states of Wisconsin, Louisiana, Michigan, and Kentucky.

Author does not own any of the above.

By Stockerblog.com

Highest Yielding Stocks Going Ex Dividend End of November

Investors occasionally use a stock trading technique called 'Buying Dividends,' which is the technique 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.

If you are interested in buying dividends, there are many stocks in many different industries to choose from. 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.

All of the following stocks have market caps over $500 million, and yield over 2%.

Nordic American Tanker Shipping Limited ( NAT ) The stock is going ex-dividend on 11/18/2008 and pays a yield of 13.7% . The stock has a PE of 15 .

Thomson Reuters PLC ( TRIN ) The stock is going ex-dividend on 11/18/2008 and pays a yield of 5.5% . The stock has a PE of 6.

Sonoco Products Company ( SON ) The stock is going ex-dividend on 11/19/2008 and pays a yield of 4.8% . The stock has a PE of 13 .

Thomson Reuters Corporation ( TRI ) The stock is going ex-dividend on 11/19/2008 and pays a yield of 4.1% . The stock has a PE of 25 .

Liz Claiborne, Inc. ( LIZ ) The stock is going ex-dividend on 11/19/2008 and pays a yield of 3.1% . The stock has a forward PE of 7 .

Parker-Hannifin Corporation ( PH ) The stock is going ex-dividend on 11/18/2008 and pays a yield of 2.6% . The stock has a PE of 6 .

Cummins Inc. ( CMI ) The stock is going ex-dividend on 11/19/2008 and pays a yield of 2.4% . The stock has a PE of 5 .

For more details on dividend definitions, check out definitions of dividend dates. If you like dividend stocks, you should check out the the High Yield Utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com.

Author does not own any of the above.

By Stockerblog.com