No Debt High Yield Stocks

If a company has debt, it can be beneficial if the company can earn far more than the interest expense. But there are drawbacks to incurring debt. When times get tough, earnings drop, and the business can't afford the debt service, then the viability of the company is at risk. Many strong companies are debt free, such as Apple (AAPL) and Amazon (AMZN). If you put the debt free trait with a high yield, you should end up with a successful investment.

There are a selection of over ten stocks on the latest No Debt High Yield Stocks List at WallStreetNewsNetwork.com, which have yields ranging from 2% to above 9%, all of which are free of debt.

One example is Paychex, Inc. (PAYX), which provides human resource, payroll, and benefits outsourcing solutions to primarily small and medium size businesses. This debt free company pays a yield of 4.3%, and has been paying quarterly dividends since 1994. It trades at 17 times earnings. Earnings for the latest quarter were up 12.9%, on a 8.6% increase in revenues.

Another example is Erie Indemnity Co. (ERIE), an insurance company based in Erie, Pennsylvania, which also has no debt. The stock sports a yield of 2.6%, and a forward price to earnings ratio of 25. Net income per diluted share for the latest quarter was up 6.1% year over year, on a revenue increase of 35.9%.

Several of the stocks on the list are royalty trusts such as the Sabine Royalty Trust (SBR) which is debt free and yields 7.8%.

To see a free list of many other companies that have no debt and pay high yields, half a dozen of which pay more than 6%, go to WallStreetNewsNetwork.com. The list can be downloaded, sorted, and updated.

Disclosure: Author owns AAPL and AMZN.

By Stockerblog.com

High Yield No Debt Stocks

Debt can have its advantages, such as leverage, but can also be a burden. Many successful companies are debt free, such as Apple (AAPL) or have very low debt relative to cash, such as Amazon (AMZN). If you combine the debt free feature with a high yield, you may have a recipe for a successful investment.

There are over ten stocks on the latest High Yield No Debt Stock List at WallStreetNewsNetwork.com, which have yields ranging from 2% to 7.7%, and all of which are debt free.

An example is Paychex, Inc. (PAYX), a provider of payroll, human resource, and benefits outsourcing solutions. Its market is primarily small and medium size businesses. This debt free company pays a yield of 4.5%, and has been paying quarterly dividends since 1994. It trades at 21 times earnings. Earnings for the latest quarter were up 6.7%, on a 3.6% increase in revenues. In August, Deutsche Bank upgraded the stock from a Sell to a Hold.

Another example is Erie Indemnity Co. (ERIE), an insurance company based in Erie, Pennsylvania, which also has no debt. The stock sports a yield of 3.2%, and a PE ratio of 22. Net income per diluted share for the latest quarter was up 36% year over year, with gross margins rising 21.1%.

To see a free list of many other companies that have no debt and pay high yields, five of which pay more than 6%, go to WallStreetNewsNetwork.com. The list, which is in an Excel format, can be downloaded, sorted, and updated.

Disclosure: Author owns AAPL and AMZN.

By Stockerblog.com

Stocks Going Ex Dividend the Last Week of April

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, your 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 free downloadable and sortable Excel 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 3%. Here are a few examples showing the stock symbol, the ex-dividend date and the yield.

The Clorox Company (CLX) ex div date: 4/26/2010 market cap: $9.0B yield: 3.1%
ConAgra Foods, Inc. (CAG) ex div date: 4/28/2010 market cap: $11.3B yield: 3.2%
Northwest Natural Gas (NWN) ex div date: 4/28/2010 market cap: $1.3B yield: 3.5%
Paychex, Inc. (PAYX) ex div date: 4/29/2010 market cap: $11.3B yield: 4.0%

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.

Author does not own any of the above.

By Stockerblog.com

No Debt High Yield Stocks

If you are a conservative investor, two things you always look for are a high dividend payout and a solid balance sheet. There are plenty of high yield stocks out there, but not all of them are in good financial shape. However, if you can find a high yield stock that has no debt, then you have a good starting point for finding gems. There are over 15 stocks that WallStreetNewsNetwork.com came up with that have market caps over $500 million, yields above 4%, and are debt free.

One example is Paychex, Inc. (PAYX) which yields 4.4%. This is the payroll, human resource, and benefits outsourcing company.

Another is Healthcare Services Group, Inc. (HCSG) which pays 4.2%. The company is a provider of housekeeping, laundry, linen, and food services to nursing homes, rehabilitation centers, and hospitals.

Maxim Integrated Products Inc. (MXIM), a manufacturer of linear and mixed-signal integrated circuits and analog circuits, has a yield of 4.20%.

To see the rest of the list of debt free high yield stocks, including three that yield above 7%, go to WSNN.com.

Author does not own any of the above.

By Stockerblog.com

High Yield Stocks with No Debt

Although many investors think that the stock market has finally bottomed out, they are being very cautious. In order to play it safe, they are looking for stocks that are debt free. In addition, high dividends are desirable since income will be coming in while waiting for the stock to appreciate. WallStreetNewsNetwork.com recently came out with a list of the top yielding debt free stocks. Some of the yields are extremely high and may not be sustainable.

Here are a few of the stocks that meet the high yield and no debt criteria.

Terra Nitrogen Co (TNH) has a yield of 6.6%, with a PE of 8.6

Methode Electronics (MEI) has a yield of 5.0%

Maxim Integrated (MXIM) has a yield of 5.7%, with a PE of 28.9

Lorillard (LO) has a yield of 5.9%, with a PE of 12.2

Paychex (PAYX) has a yield of 4.5%, with a PE of 17.9

To see the entire list of debt free high yield stocks, check out wsnn.com.

By Stockerblog.com