21 High Yield Stocks as of 1/13/11

A subscriber recently asked me if I knew of any high yielding stocks he could suggest to his mother for some income. I told him there were none that I was aware of offhand but I would do a scan using www.alphascanner.com and come up with a list.

The table below shows stocks which have an annual dividend yield of at least 4%, the average daily volume is at least 495,000 shares and the charts are generally stable to uptrending. Any stock in a downtrend (daily or weekly) was eliminated from consideration as safety of principle for a retired person should take precedence over the lure of a fat dividend payment. What good does it do to wait for a year for a 6% dividend payment if the principle balance drops by 10, 20, 30% or more?

The list below should act only as a starting point to consider which ones may or may not be suitable for your objectives. The table has information which I consider to be irrelevant for trading decisions by may be important for an investment. Most notably, the last two columns: debt/equity and price/book ratios may worth further investigation when considering a longer term hold. Beta may be another consideration, anything over 1.0 is more volatile than the S&P 500, do you want to put your mother into stocks with more volatility than the overall market?

1DividendJan112013

If you like this article and want to learn more by getting access to premium content, click here »

Enjoyed this post?
Get the Free Swing Trading Guide, weekly market analysis, and occasional special blog posts.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

MENU