Tuesday, September 25, 2007

Top 50 Quarterly Dividend Stocks

In a previous post, I wrote about the top monthly dividend stocks. With the extreme market volatility that investors have been experiencing over the last few months, many have been turning to income oriented investments, in order to receive cash flow while waiting for their stocks to go up in value. There are over 50 stocks that pay their dividends quarterly that yield over 9.6%. For purposes of this analysis, closed end funds, real estate investment trusts, limited partnerships and oil income trusts are all considered stocks. Here is a selection of them.

The stock with the lowest price earnings to growth ratio on the list is Deerfield Triarc Capital Corp. (DFR), which has a yield of 19.2%, a PEG of 0.42, and a P/E of 6.1. Deerfield invests in various types of debt instruments including mortgage-backed securities, collateralized debt obligations, consumer asset-backed securities, senior secured loans, and unsecured loans.

The highest yielder on the list is Luminent Mortgage Capital Inc. (LUM), with an outrageously high yield of 78%, which I'm sure isn't sustainable. Luminent is a real estate investment trust [REIT] which invests in adjustable-rate, and fixed rate mortgage-backed securities. The stock has a P/E of 1.7. The stock has a very low capitalization and should be considered extremely speculative.

Fremont General Corporation (FMT) owns Fremont Investment & Loan, a bank which has 22 branches in California. They have one of the lowest P/E ratios on the list at 1.87. Their yield is a generous 11.3%.

If you are looking at forward P/E's, then Newcastle Investment Corp. (NCT) is the stock with a forward price earnings ratio of 5.15. The stock's PEG is 0.9 and the yield is a munificent 17.7%. Newcastle invests in real estate debt such as commercial mortgage backed securities, senior unsecured REIT debt, and real estate related asset backed securities.

One of the largest market cap stocks on the list is Terra Nitrogen Co. LP (TNH), a publicly traded limited partnership which produces and markets nitrogen fertilizer products. They have a market cap of over $2 billion. Their yield is 13% and the stock's P/E is 15.12.

At WallStreetNewsNetwork.com, you can check out all the 50 stocks that pay their dividends quarterly that yield over 9.6% in an Excel format, which you can download, change, and sort.

Author does not own any of the above.

By Fred Fuld at Stockerblog.com

No comments: