Wednesday, March 23, 2011

Scorecard for S&P 500's 10 Highest Dividend Yield Stocks

Hao Jin submits:

With interest rates near zero, a growing number of investors craving for dividend income, and the economic outlook for slow growth, it is no surprise we are seeing incredible demand for high-yield stocks. Following are the 10 highest dividend yield blue chip stocks from the S&P 500:
10 Highest-Yielding Stocks in the S&P 500
Name (Symbol)
Sector
Forward P/E
Yield
Frontier Communications (FTR)
Telecommunications
25
9.5%
Windstream Corporation (WIN)
Telecommunications
15
7.9%
CenturyLink (CTL)
Telecommunications
14
7.2%
Reynolds American Inc (RAI)
Consumer Staples
12
6.3%
Hudson City Bancorp (HCBK)
Financials
12
6.1%
Altria Group, Inc. (MO)
Consumer Staples
12
6.1%
AT&T Inc. (T)
Telecommunications
11
6.1%
Pitney Bowes Inc. (PBI)
Industrials
11
6.0%
PEPCO Holdings Inc (POM)
Utilities
14
5.9%
FirstEnergy (FE)
Utilities
13
5.7%
Which stock is the best? I use 8 metrics below to rank these 10 stocks. In each category, the best stock is ranked 10 and

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