________ Information on stocks, bonds, real estate, investments, gold, startups, & money ________
Sunday, December 06, 2015
Perfect Stocks: Low PE, PEG, PS, & PB, and High Yield
PE ~ price to earnings ratio ~ the lower the better
PEG ~ price to earnings growth ratio ~ the lower the better
PS ~ price to sales ratio ~ the lower the better
PB ~ price to book value ratio ~ the lower the better
Yield ~ the dividend payout rate ~ the higher the better
In the case of the PEG, the PS, and the PB, a ratio of less than one is considered excellent. In the case of the PE ratio, less than 15 is good. As for the yield, 2% or higher is considered decent, far better than any bank account, certificate of deposit, or money market fund.
The following is a selection of stocks that meet all the above criteria. For the PE ratio, the forward price to earnings ratio was used.
AU Optronics (AUO)
Avianca Holdings (AVH)
China Yuchai International (CYD)
Gafisa (GFA)
Global Power Equipment (GLPW)
LG Display (LPL)
POSCO (PKX)
Rocky Brands (RCKY)
Seadrill Partners (SDLP)
Stage Stores (SSI)
Sunoco (SUN)
Only four of the companies are baed in the United States, GLPW, RCKY, SSI, and SUN. Check them out. Maybe you can find the perfect stock in this list. If you like interesting stock lists like this, check out many of the free stock lists at WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Wednesday, May 20, 2015
5 High Dividend Stocks Yielding Over 20%
Stocks with yields this high are obviously risky, which is why they are selling at a price to generate such a high rate. Of course, there is the list that the dividend can be cut or eliminated entirely. So for investors willing to take the risk, here are five high dividend stocks yielding over 20%.
SandRidge Permian Trust (PER) receives oil and gas reserves from its reserves in the Texas Permian Basin. The stock pays an outrageously high yield of 36.9%, paying 64 cents on a quarterly basis. The company has been paying dividends since 2011. The trust has no debt and almost $5 million in cash.
Intersections (INTX) has been paying 20 cents each quarter steadily for the last eleven quarters, with one exception, when it paid a year-end dividend a couple years ago of 70 cents. The company has four businesses: personal information services, insurance, pet health monitoring, and bail bonds industry solutions. The yield is a very high 22.9%.
Do you prefer to receive your dividends monthly? Then you may want to consider Cornerstone Progressive Return (CFP), a closed end equity fund which invests in income stocks, ETFs, and other closed end funds. The investment yields 20.9%.
Cornerstone Strategic Value (CLM) is another closed end fund of the same family. It pays 20.0%, and payouts are also made on a monthly basis.
CTC Media (CTCM) is a Russian company that owns television networks. The dividend has increased three times since March of 2012. The stock sports a yield of 20.8%.
If you decide to put any of these in your portfolio, make sure you understand the risks. But if the investments work out they may be the highest yielding ones you've ever owned.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Sunday, December 21, 2014
Two High Yield Stocks Under $5 a Share
1. Generating earnings
2. Decent earnings growth
3. Low or no debt
4. Preferably paying dividends
5. Preferably dividends paid at least quarterly
Here are two companies fitting both of those categories.
National American University Holding (NAUH), which is currently trading for less than $3 a share, owns and operates National American University. Many of these education companies have been hit hard over the last few years and NAUH is one of them. Maybe it's time for a rebound.
The stock trades at 12 times trailing earnings and 13 times forward earnings. The price earnings to growth ratio is a very favorable 0.84. Plus the stock trades at an excellent 0.58 times sales. The company pays a very healthy yield of 5.9%, and the payouts are made quarterly.
Nevsun Resources (NSU) is in the business of exploring for and developing gold, silver, copper, and zinc mineral properties. The stock, which is less than $4 a share, has a trailing price to earnings ratio of 11 and a forward PE of 8.
The PEG ratio is an outstanding 0.27 and the price sales ratio is a reasonable 1.83. The dividend is paid quarterly and the stock yields 3.7%.
With financials in place like this, there is very little downside and plenty of upside.If you like lists like this, check out the stock lists at WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Wednesday, July 30, 2014
4 High Yield Stocks Selling Below 10 per Share
In any case, there are thousands of low price stocks to choose from, and many of them pay dividends. This is a good thing, as the dividends can help reduce volatility and returns your capital faster.
Here are four stocks selling for less than ten dollars a share, that have high yields and reasonable price to earnings ratios.
CTC Media (CTCM) is a Russian entertainment company which operates three television networks, and closed at 9.38 per share today. The dividends are paid quarterly and the stock provides investors with a yield of 6.6%. The stock trades at 9.5 times trailing earnings and 10.5 times forward earnings. Earnings rose 9.2% for the latest quarter.
If you would rather not invest in a Russian stock, there is PDL BioPharma (PDLI), based in Nevada, selling at 9.40. The company manages patents and royalties relating to monoclonal antibodies. Trailing price to earnings ratio is 5.4 and forward PE is 4.6. The stock yields 6.1%.
Valley National Bank (VLY) which is a New Jersey based company that trades on the New York Stock Exchange at 9.67 a share, pays dividends quarterly and yields 4.4%. Trailing PE is 14.4 and the forward PE is 15.1.
Star Gas Partners (SGU) is a master limited partnership in heating oil and propane distribution. The stock, which trades at 6.35, yields 5.7%. The stock trades at 8.4 times earnings.
If you enjoy reading about stock lists like this, you should check out the various lists of stocks in various industries at WallStreetNewsNetwork.com. Most of the lists are free.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Friday, May 30, 2014
How to Get 5% on Your Money From Comcast
What I'm talking about are the Comcast 5% Notes (CCV), also known as minibonds, that are publicly traded on the New York Stock Exchange with a current yield of 5.0%. In case you missed the previous articles about minibonds, such as Goldman Sachs (GS) minibonds, or Banc of California minibonds, you should check them out.
The Comcast 5% Notes, have a maturity date of December 15, 2061, but is redeemable by Comcast on 12/15/17. The company pays interest of $0.3125 each quarter. These minibonds are currently trading at 25.00 per share.
Keep in mind the risks. The distributions are interest and not dividends, so no dividend tax benefits. If interest rates go up, these will go down in value. These are not like regular bonds, so there is no accrued interest between distribution dates. These have much lower liquidity than the common stock.
So what about the company that is backing these securities? The company reported strong earnings growth of 30.2% on a 13.7% rise in revenues for the latest quarter. The common stock trades at 19 times trailing earnings and 16 times forward earnings.
As long as you can accept the risks, especially the interest rate risk, you might want to consider these bank mini bonds, in order to help bring up your overall investment income. If you are interested in investments like this, your should check out the free stock lists at WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Saturday, March 02, 2013
Yields Above 5% Stocks Below $5
Chorus Aviation ( CHRVF ) $4.59 13.2% 5
Educational Development ( EDUC ) $3.88 12.3% 12
Chimera Investment ( CIM ) $3.06 12.1% 6
CanWel Building ( CWXZF ) $2.50 11.3% 19
Dominion Resources ( DOM ) $4.86 10.5% 8
Ten Peaks Coffee Co ( SWSSF ) $2.67 9.4% 13
CWC Well Services ( CAWLF ) $0.67 9.4% 10
Automodular ( AMZKF ) $2.68 9.0% 4
TCL Communication ( TCCLF ) $0.29 8.0% 12
Strad Energy Services ( STRDF ) $3.00 7.4% 6
Universal Insurance ( UVE ) $4.32 7.3% 8
The Caldwell Partners ( CWLPF ) $0.83 7.2% 14
First Surgical ( FSPI ) $1.15 7.2% 5
Star Gas Partners, ( SGU ) $4.41 7.0% 11
Navios Maritime ( NM ) $3.78 6.5% 2
BAB, Inc. ( BABB ) $0.63 6.4% 9
QC Holdings, Inc. ( QCCO ) $3.24 6.1% 7
Smtp Inc ( SMTP ) $1.18 6.1% 19
If you like interesting stock lists like this, such as coffee stocks, 3D printing stocks, and candy stocks, go to WallStreetNewsNetwork.com.
Thursday, December 27, 2012
The Two Top Utility Stocks by Analyst Ratings
I checked the list of electric utilities against what the research analysts think about them. I looked at the S&P Capital IQ STARS with four or five stars, TheStreet Buy recommendations, the Buy recommendations of First Call Consensus, the Jaywalk Consensus of either Strong Buy, Buy, or Hold, the Market Edge Longs, Ford Buy or Holds, the ResearchTeam™ Current Rating of Buy or Hold, and Credit Suisse Outperform or Neutral. After running all stocks through my screen, I only came up with two electric utility stocks that met all that criteria.
NextEra Energy, Inc. (NEE) is one of those two utilities. The company generates and markets electric energy in the United States and Canada, with about 4.6 million customers in Florida. The electrical generation comes from wind, solar, natural gas, nuclear, oil, coal, and hydro power plants. The stock trades at 14 times forward earnings and provides investors with a decent yield 3.4%. The company has increased dividends every year since 1994. Earnings for the latest quarter were up 2.0% on a 12.3% drop in revenues.
The other electric utility that came out of the filter is ITC Holdings Corp. (ITC), a Novi, Michigan utility involved in the transmission of electricity. Its customers include investor-owned utilities, municipalities, cooperatives, power marketers, and alternative energy suppliers. The stock trades at 15.5 times forward earnings and yields 1.9%. The company, which has increased dividends every year since 2005, raised the dividend earlier this year by 7%. Earnings for the latest quarter were up 16.5% on a 12.5% boost in revenues.
To access a free list of high yielding electric utilities, which can be downloaded, sorted, and updated, go to WallStreetNewsNetwork.com.
By Stockerblog.com
Monday, December 17, 2012
Debt Free Stocks with High Yields
WallStreetNewsNetwork.com has turned up over a dozen no debt high yield stocks, with yields ranging from 4% to above 10%.
One example is the Texas based company A. H. Belo Corporation (AHC), which is in the newspaper publishing business, pays dividends quarterly and provides shareholders with a generous yield of 5.1%. The company owns The Dallas Morning News, The Providence Journal, The Press-Enterprise, and The Denton Record-Chronicle, plus some Spanish language newspapers. The stock trades at 32 times forward earnings. The stock sells below book value and has $1.87 in cash per share.
Simulations Plus, Inc. (SLP) creates pharmaceutical simulation software. The stock pays a CD beating yield of 4.6%. The stock trades at 15.8 times forward earnings. Earnings for the latest quarter skyrocketed by 88.1% on a 14.9% rise in revenues.
Universal Technical Institute, Inc. (UTI) is in the postsecondary education field providing programs in the areas of professional automotive, diesel, collision repair, motorcycle, and marine. The stock pays a yield of 4.1% and trades at 29.9 times forward earnings. This debt free company has $3.90 per share in cash.
For a free list of no debt high yield stocks, go to WallStreetNewsNetwork.com. The list can be downloaded, sorted and updated.
By Stockerlblog.com
Friday, August 17, 2012
Utility Stock Dividends Being Raised
MGE Energy, Inc. (MGEE) just announced that it increased the regular quarterly dividend to $0.3951 per share. This represents the 37th consecutive annual dividend increase. All three of these companies have dividend yields in excess of 3% according to the free list of high yield electric utility stocks at WallStreetNewsNetwork.com.
There are many other high dividend utility stocks to choose from. For example, in one area of the United States where real estate seems to have bottomed out, Pinnacle West Capital (PNW) owns Arizona Public Service Company, which provides electric services throughout the state. It trades at 15 times trailing earnings and forward earnings, and pays a CD beating yield of 3.9%. Earnings for the latest quarter were up an incredible 41% on a 9.8% boost in revenues.
Consolidated Edison, Inc. (ED), which provides electricity to New York City and Westchester County, has a trailing price to earnings ratio of 17, and a forward PE of 16. The company pays a 3.8% yield to its shareholders. Latest quarterly earnings growth was 29.7% on a 7.4% drop in sales.
To access a free list of top yielding electric utility stocks, 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 29, 2012
Top High Yield Low Price No Debt Below Book Stocks
To make it easy for investors do do their research, WallStreetNewsNetwork.com has just updated its High Yield Stocks Below $10 per Share list, It has been narrowed down to only show the stocks with yields greater than 4%, selling below book value, and with little or no debt. In addition, all the stocks pay quarterly.
An example is Lawson Products Inc. (LAWS), a Chicago, Illinois based company which distributes maintenance and repair related products and services. The customers include numerous industries, such as automotive repair, commercial vehicle maintenance, government, manufacturing, food processing, distribution, construction, oil and gas, and mining. The stock trades at 6.7 times forward earnings and pays a very generous yield of 5.1%. The company has a small amount of debt relative to its capital and sells at 62% of book value.
Friedman Industries (FRD) is involved in steel processing, pipe manufacturing and processing, and steel and pipe distribution. The stock pay a dividend rate of 5.6% and sports a forward price to earnings ratio of 5.3. This debt free company sells right at book value.
The Dallas, Texas based A. H. Belo Corporation (AHC) is a newspaper publishing company, which owns and operates four metropolitan daily newspapers: The Dallas Morning News, The Providence Journal, The Press-Enterprise, and The Denton Record-Chronicle. The company last reported negative earnings but pays a 5.8% yield. The company is debt free and trades at 77% of book value.
The see the entire list of 30 high yield low priced stocks that have low or no debt and trade at less than book value, go to WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Wednesday, June 13, 2012
Five Stocks Under $10
Many investors like low priced stocks, but to reduce risk, some investors look for those that pay dividends. Dividends can return your capital faster, which helps to lower risk. WallStreetNewsNetwork.com has a list of high yield stocks below $10 a share, turning up over a hundred different companies.
One example is Telular Corp. (WRLS), a Chicago, Illinois based provider of wireless network products and services, which currently sells for less than eight dollars a share. The stock trades at 15 times forward earnings and yields 5.7%. The latest quarterly earnings were up almost 1000%, on an incredible 58% rise in revenues. The stock is trading at less than $8 a share.
KSW, Inc. (KSW) is a heating, ventilating, and air conditioning company that yields 5.2%, and trades at 7.5 times forward earnings. The stock is at less than $4 a share.
Astro-Med Inc. (ALOT) is a producer and marketer of specialty printers and data acquisition and analysis systems. The price earnings ratio is 17 and the yield is 3.5%. The stock is currently $8 a share.
The gold mining company, Nevsun Resources Ltd. (NSU), trades at 11 times forward earnings and yields 2.8%, based on last year's dividend payments. The stock trades at less than $4 a share.
MicroFinancial (MFI) is a commercial finance company that provides equipment leasing and rental services, and other financing services. The stock, which currently sells for less than $8 per share, yields 3.5% and trades at 9 times earnings. Last November, the company increased its quarterly payout by 20%.
To access a free list of over 100 high yield low price stocks, go to WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Wednesday, May 30, 2012
100 High Yield Stocks Below $10 per Share
One strategy that low price stock investors can utilize is searching out ones that pay high dividends. The dividends provide an income and returns invested capital back to the investor, reducing the amount at risk. WallStreetNewsNetwork.com just updated its list of high yield stocks below $10 a share, turning up over a hundred different companies.
One example is PDL BioPharma (PDLI), which is involved in the humanization of monoclonal antibodies and the discovery of targeted treatments for cancer and immunologic diseases. The stock, which currently trades for less than $7 per share, provides a generous yield of 9.3%. The dividend is currently paid quarterly and has been paying dividends fairly regularly since 2006. The total dividend payout is $84 million is extremely well covered by the company's operating cash flow of $200 million. The stock trades at 5.4 times current earnings and 3.6 times forward earnings. Latest reported quarterly earnings were down about 10% on a 7.2% drop in earnings.
Alumina Ltd. (AWC) is an Australian company involved in the bauxite mining, alumina refining, and aluminum smelting businesses. The stock sports a very decent 6.9% yield, payable semi-annually. Dividends have been paid since 1990. Operating cash flow is $196 million, covering the $146 million in total dividend payouts. The current price to earnings ratio is 17.8, and the forward PE is 5.2. The stock sells for less than $4 a share.
Other low price high yielders include Crown Crafts Inc. (CRWS) paying 5.9%, Giant Interactive Group, Inc. (GA) yielding 5.7%, and Hickory Tech Corp. (HTCO) at 5.9%. To access a free list of over 100 high yield low price stocks, go to WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Wednesday, November 09, 2011
No Debt High Yield Stocks
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
Thursday, September 08, 2011
Perfect Stocks: High Cash No Debt High Yield Stocks
WallStreetNewsNetwork.com just updated its free list of High Cash No Debt High Yield Stocks, and includes more than 20 companies, showing the stock symbol, market cap, forward price-to-earnings ratio, cash per share, yield, and cash per share as a percentage of stock price.
An example is Cato Corp. (CATO), which is a North Carolina based specialty retailer of fashion apparel and accessories in the southeastern US. This debt free company has $9 in cash per share representing about 36% of the recent price per share. On top of that, the current yield is 3.8% after the company increased the dividend rate by 16.5%. Earnings for the latest quarter were up 13% on a slight increase in revenues.
Garmin Ltd. (GRMN) is a $5.85 billion market cap debt free company that makes global positioning systems, also known as GPS products. The stock sports a 5% yield after doubling its payout rate over last year. It trades at 15.4 times forward earnings. It has a decent cushion of $7.63 in cash per share.
Superior Industries International, Inc. (SUP), a manufacturer of aluminum road wheels, pays a yield of 4% and carries a forward price to earnings ratio of 10.8. The stock has a substantial $5.51 in cash per share and has no debt.
Weis Markets (WMK), a retail supermarket chain, which is another debt free company, has $5.17 in cash per share, a PE ratio of 15, and a yield of 3.1%.
To see the entire list of High Cash No Debt High Yield Stocks, which you can sort, change, and update, go to WallStreetNewsNetwork.com.
Disclosure: Author does not own any of the above.
By Stockerblog.com
Saturday, August 27, 2011
Speculative High Income Stocks
The company is not a large cap, nor even a mid cap stock. This stock is selling within a couple dollars per share of its 52 week low at less than ten dollars a share, closing at 9.44 on Friday. So what is this company? It is the Minnesota based company Hickory Tech Corp. (HTCO). The company is in the business of providing integrated data services, such as fiber, data and Internet, voice and voice over Internet protocol, along with distribution of telecommunications and data processing equipment. It also offers local telephone, long distance, and directory assistance services. The company has regional fiber network spanning more than 2,750 route miles serving Minnesota, Iowa, North Dakota, South Dakota and Wisconsin. Net debt position improved $5 million for the quarter and $15 million year-to-date. Equipment and broadband revenue increased 12 percent.
Amazingly, there are lots of low priced stocks with upside potential that pay dividends, and many have fairly decent yields ranging from 3% to 6%. I gave a presentation at the MoneyShow a few weeks ago about high dividend stocks, and included a discussion of speculative income stocks. Here are a few more.
Psychemedics (PMD) is an interesting company that pays a yield of 6.1% based on its current price of 7.94. It is a provider of testing services for the detection of abused substances using analysis of samples of hair. The company's services are offered to employers, law enforcement agencies, schools, and nosy parents.
This Massachusetts company was founded in 1985 and has paid quarterly dividends since 1997. The stock trades at 13 times earnings and reported quarterly income growth of 25.2% on a 14.9% rise in revenues. The company is debt free and has $4.6 million in cash.
Lincoln Educational Services (LINC) is in the private education business and owns the Lincoln Technical Institute, Lincoln College of Technology, Lincoln College of New England, Nashville Auto-Diesel College, Southwestern College, Clemens College, and Euphoria Institute of Beauty Arts and Sciences. The stock yields 10.5% based on its current closing price of 9.55. The company just started paying quarterly dividends in 2010. This company has suffered along with all the other private college businesses due to government crackdown on promises made to potential students and related issues. The company reported a 62.6% drop in quarterly earnings. The company was founded in 1946 and is based in New Jersey.
Tal International (TAL), founded in 1963, is in the business of leasing intermodal containers, and yields 7.7% based on the current stock price of 28.37. Dividends have increased every quarter for the last six quarters. The stock trades at a price to earnings ratio of 8.7. Earnings for the latest quarter increased 398% (albeit from a very low amount last year) on an earnings increase of 37.6%.
Have you seen those guys that advertise on TV telling you that you can have $2500 in your checking account tomorrow? QC Holdings (QCCO) is one of the companies involved in payday loans. The stock, which closed at 3.88 on Friday, yields 5%, and has been paying quarterly dividends for five years. The stock trades at 6.6 times earnings. Latest quarterly earnings were down substantially, over 98%.
For free lists of other high yield stocks, check out WallStreetNewsNetwork.com.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Thursday, August 25, 2011
High Yield Long Term Dividend Increasers
According to WallStreetNewsNetwork.com, which has posted a list of these stocks that have increased dividends for over 30 years in a row, and several of them are in the Dow Jones Industrial Average, such as Wal-Mart Stores (WMT) which has increased dividends for over 35 years in a row, and yields 2.9%. Quarterly earnings for the company were up 5.7% on a 5.4% increase in revenues. It trades at 10.8 times current earnings.
The consumer products company Clorox Co (CLX) is another long term dividend increaser that pays a decent dividend of 3.5%. The stock has had dividend increases for over 30 years, and currently trades at 14.9 times forward earnings. Earnings and revenues were off slightly for the latest quarter.
Another high yielder is Consolidated Edison (ED) paying 4.5%, and has a history of bumping up its dividend for 36 years in a row. The forward price to earnings ratio is 15.2. For the latesst quarter, revenues were flat but earnings were down 9.8%.
To see the entire list of dividend increasers, which can be downloaded, sorted, and updated, go to WallStreetNewsNetwork.com.
Disclosure: Author did not own any of the above stocks at the time the article was written.
By Stockerblog.com
Tuesday, August 16, 2011
High Yield American Stock Exchange Stocks
Whatever happened to the American Stock Exchange? The exchange started in the 1800's with a group of traders standing outside the New York Stock & Exchange Board, "on the curb," trading speculative stocks. New York Curb Market Agency was created in 1906 and was later known as the New York Curb Market in 1911. The name was changed to the New York Curb Exchange in 1929. The name was changed to the American Stock Exchange in 1953. In 2008, the American Stock Exchange merged with the NYSE Euronext (NYX).
The American Stock Exchange, also referred to as the AMEX, has many stocks which are considered to be more speculative with lower market caps than NYSE stocks, and also trades many closed end funds. Many of these companies provide high dividends according to the free list of high yield American Stock Exchange stocks at WallStreetNewsNetwork.com.
British American Tobacco plc (BTI) is one of the largest companies that trades on the AMEX, with a market cap of $91.6 billion and sports a yield of 2.8%. This marketer of cigars, cigarettes, and pipe tobacco products with brands that include Dunhill, Kent, Lucky Strike, Pall Mall, Viceroy, Kool, and Benson & Hedges, trades at 12.8 times forward earnings. Earnings for the latest quarter were up 22.60% year-over-year on a 1.9% increase in revenues.
National HealthCare Corporation (NHC) is another AMEX traded stock that pays a decent dividend. sporting a yield of 3.6%. The company manages long-term health care centers, assisted living centers, and independent living centers. The stock trades at 15 times forward earnings.
Some of the high yield closed end funds that trade on AMEX include Eaton Vance Municipal Bond Fund (EIM) yielding 7.9%, Invesco Van Kampen Advantage Municipal Income Trust II (VKI) yielding 7.7%, and Reaves Utility Income Fund (UTG) paying 6.3%.
To access a free list of the other high yield AMEX stocks, which can be downloaded, updated, and sorted, go to WallStreetNewsNetwork.com.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Monday, August 15, 2011
Stocks I Discussed at the Money Show Part 3
One sector that you wouldn't expect to find high yield stocks is the entertainment field. Shaw Communications, Inc. (SJR), which closed at 20.34 last Wednesday, is in the broadband cable television business and sports a yield of 4.3%. What is really amazing is that it is one of the few straight stocks (not REITs, not CEFs, not MLPs) that pays dividends monthly. Shaw is also involved in Internet services, digital phone services, telecommunications, and satellite direct-to-home services.
The stock trades at 13.2 times forward earnings. Quarterly earnings for the latest quarter ending May 31 were up 23.2% on a revenue increase of 36.1%. The company has excellent dividend coverage; dividends incur $413.76 million in payouts, easily covered by $1.22 billion in operating cash flow.
Alaska Communications (ALSK) is a telecom company that pays an incredibly high yield of 12.1% payable quarterly, and closed at 7.07 last Wednesday. The company is involved in both landline and wireless communications. For the latest quarter, it had quarterly revenue growth of 0.5%, with enterprise revenue increasing 6.9%, and wireless revenue rising 4.9%. ALSK pays out $38.87 million in dividends which are covered by $73.81 million in operating cash flow.
The stock trades at 19.2 times forward earnings, which is a bit on the high side. The population of Alaska continues to grow. From 2000 to 2010, the population of Alaska increased by 13.3% versus 9.7% for the United States overall.
In the financial services industry, there is a high dividend payer that many investors are unaware of. The company is BGC Partners, Inc. (BGCP), which pays 10.3% payable quarterly, and closed at 6.31 last Wednesday. BGC is an interdealer investment broker which offers voice and electronic executions and operates multiple real-time electronic marketplaces.
The company pays out 75% to 85% of earnings and rewarded investors with a 21% dividend increase in May. It has $81.45 million in dividend payouts with $143.19 million in operating cash flow. The stock carries a very favorable forward PE of 7.9.
Earnings should continue to rise as electronic trading is increasing over voice. With electronic trading there are far fewer costs than voice operations. This should generate increased margins. Electronic trading grew by 31% in 2010 year over year.
If you like high dividend stock ideas, check out the numerous lists of high dividend stocks at WallStreetNewsNetwork.com, that can be downloaded, updated, and sorted. Also, stay tuned for upcoming articles on more stocks from the MoneyShow.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Sunday, August 14, 2011
Stocks I Discussed at the Money Show Part 2
One area that I covered was inflation proof income stocks. One of the best ways to get inflation protection is from gold and precious metals mining stocks. Unfortunately, investors have only three choices. Goldcorp Inc. (GG) yields only 0.9% but pays dividends on a monthly basis. Because the yield is so low, you would have to invest a significant amount in order to receive a decent monthly dividend check. There is also Hecla Mining preferred B (HL-PB), sporting a yield of 6.5%, payable quarterly. Unfortunately, there is no growth potential.
Finally there is Freeport-McMoRan Copper & Gold (FCX), which closed at 43.50 last Wednesday when I gave the speech. It yield isn't real high at 2.2%, but still beats certificates of deposit. Dividends are paid quarterly. The company produces copper, gold, molybdenum, silver, and cobalt. Revenues for the latest quarter were up an amazing 50.5% year over year, with an outstanding earnings growth of 106%. In 2010, Freeport had its best financial results in the company’s history. In the last five years, revenues have tripled.
In produces 9% of the worldwide mined copper production, with operations in Arizona, New Mexico, and Colorado in the United States, Peru, Chile, Indonesia, and Congo. It has the Grasberg Mining Complex in Indonesia, which has the world’s largest gold reserve, and the world's largest recoverable copper reserve. Overall, the company has 40.0 million ounces of gold, 102.0 billion pounds of copper, 2.48 billion pounds of molybdenum, and 266.6 million ounces of silver.
Another stock I covered was in the real estate field. The company is Realty Income (O), one of the few companies with a one letter stock ticker symbol. This is a Real Estate Investment Trust which yields 5.8%, payable monthly. The stock closed at 30.75 last Wednesday. It has increased its dividend for 16 years in a row and has paid dividends for 42 years. The company has 2,500 properties with an occupancy rate of 96.6%. It leases to over 100 different retail enterprises in more than 30 separate industries, with properties in almost all states.
The leases are typically for 15 to 20 years, usually triple-net leases where the tenant pays the taxes, maintenance and insurance. The properties are usually freestanding buildings in prime locations with good access and visibility. Tenants include Petsmart, Children’s World, Taco Bell, Jiffy Lube, National Tire, AMC Theatres, Boston Market, Rite Aid, La Petite Academy, Sports Authority and Pizza Hut.
The stocks has had an average compounded annual return of 17.8% since it was listed on the NYSE in 1994. The company had maintained property occupancy levels above 96% at the end of each year. No single tenant accounts for more than 10% of total lease revenue. The latest quarterly earnings growth was 26.4%.
An interesting utility is Portland General Electric (POR), which closed at 21.82 when I discussed it last week. The stock yields about 4.6%, and had a 1.9% dividend increase declared in June. Dividends have been increasing every year since 2006. The stock sports a forward price to earnings ratio of 12.2. Revenue for the latest six months grew nearly 4% over the previous year with income increasing 78%.
Earnings should increase this year, primarily due to the 3.9% rate increase in January of this year, which should bring in $65 million. The regulatory climate is improving. The company's capital spending has been declining because major projects have been completed, such as the advanced meter installation and a windfarm.
If you like high dividend stock ideas, check out the numerous lists of high dividend stocks at WallStreetNewsNetwork.com, that can be downloaded, updated, and sorted. Also, stay tuned for upcoming articles on more stocks from the MoneyShow.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Saturday, August 13, 2011
Stocks I Discussed at the Money Show Part 1
The first investment I talked about was Kinder Morgan Energy Partners LP (KMP), which is a master limited partnership yielding about 6.5% and was selling at 69.72 per share when I covered it on Wednesday. Kinder Morgan is the largest independent transporter of refined petroleum products, the second largest transporter of natural gas in the U.S., the largest independent terminal operator, the largest transporter and marketer of CO2, the second largest oil producer in Texas, and the only oilsands pipeline serving Vancouver B.C. and Washington state area.
The company has minimal exposure to commodity price volatility due to limited ownership of energy products. As for the CO2 business, the company does own the commodity but hedging is used to reduce price volatility. The company does not have corporate aircraft or corporate sponsorships, nor does it provide sports tickets or executive perks to the officers. KMP is one of the few publicly traded companies that publishes its annual budget on its web site, along with its environmental, and health and safety performance.
As for the head of the company, Richard D. Kinder, he has a salary of $1 per year, and receives no bonus, no stock options, and no restricted stock grants. His compensation is from being a unitholder. KMP's compound average growth rate is 27% since 1996 and the compound average growth rate of distributions is 14% during the same period. The company has met its budgeted payout for ten out of the last eleven years, and for the year that was missed, 2006, the miss was only two cents.
One issue to be aware of with this type of investment is that MLP's send out K-1's instead of 1099's for tax purposes, which means that more time and tax forms will be involved, along with possible additional tax preparation expense from your CPA. One way to get around this is through Kinder Morgan Management LLC (KMR), which is almost identical to KMP except that it pays out its returns in shares instead of stock. It is primarily designed for retirement plans in order to avoid the UBTI or Unrelated Business Taxable Income problem. Ask your accountant before putting any retirement plan money in an MLP.
Another company I talked about was Capstead Mortgage Corp. (CMO), which was trading at 12.47 per share on Wednesday. This government guaranteed mortgage real estate investment trust, also known as a GGMREIT, sports an incredible yield of 14.9%, which it generates by investing in adjustable-rate residential mortgage securities that are issued and guaranteed by government-sponsored entities, such as Fannie Mae & Freddie Mac, and Ginnie Mae, which is an agency of the federal government. This gives the investment an implied AAA rating - oops I mean a AA+ credit rating after the decision by Standard & Poor's.
The high yield is generated through leverage. For the latest quarter ended June 30, 2011 the company had a 17% increase in net income per share from $0.41 in previous quarter to $0.48 for the latest quarter, a 2.55% increase in book value, and a 22% increase in net interest margins. For the last ten years, CMO's total return was 585%.
On a year over year basis, net income per common share for the quarter increased by 37%, and cash dividends per share increased by 33%. As a REIT, a 1099 would be issued.
If you like high dividend stock ideas, check out the numerous lists of high dividend stocks at WallStreetNewsNetwork.com, that can be downloaded, updated, and sorted. Also, stay tuned for upcoming articles on more stocks from the MoneyShow.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
