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- October 3, 2011
Top 5 Dividend Paying Stocks
1) American Capital Agency Corp. (Nasdaq: AGNC) is a mortgage Real Estate Investment Trust (REIT) that invests exclusively in mortgage securities guaranteed by U.S. government-sponsored agencies. The quarterly dividend has been $1.40 a share since the middle of 2009, translating to a monster 19% yield at current prices.
We chose American Capital Agency as a top dividend paying stock based on these articles:
This Small Cap Yields an INCREDIBLE 19%
Two Relatively Low-Risk Stocks Paying 14.5% and 19.5% Dividend Yields
2) Annaly Capital Management, Inc. (NYSE: NLY) owns, manages and finances real estate investments and is required to pay out 90% of its profits to shareholders. The company throws back an annual $2.56 per share to investors – a 14.5% dividend yield. Since going public in 1997, it’s returned more than 900% and hasn’t missed a single dividend payment.
We chose Annaly as a top dividend paying stock based on these articles:
This Stock is Up Over 900% and Pays a 14.5% Dividend Yield Right Now
Two Relatively Low-Risk Stocks Paying 14.5% and 19.5% Dividend Yields
Why It’s Dangerous to Be “Saving” Money in Today’s Economy
3) Altria Group (NYSE: MO), the maker of Marlboro, has increased its dividend almost every year for the past 40 years. With its latest dividend hike, shares yield over 6% — almost three times more than the S&P 500. Altria’s beta is a very low 0.47, which means the stock is slightly less than half as volatile as the broader markets.
We chose Altria Groupas a top dividend paying stock based on these articles:
This Four Letter Word Is The Most Powerful Force in Investing
The Top 6 Defensive Stocks for Investors Right Now
Hidden Inflation: Why Prices Are Rising Faster Than You Think
Five “Off-the-Radar” U.S. Stocks Set to Cash in on Huge Global Growth
4) Transocean (NYSE: RIG) only recently started paying a significant dividend. But then again, its 5.3% forward yield is far higher than Exxon Mobil’s and Chevron’s. There’s no reason for its dividend not to continue to grow. It’s one of the world’s No. 1 plays on oil and gas drilling, and its earnings should rise considerably with energy prices over time.
We chose Transocean as a top dividend paying stock based on these articles:
4 High Yields that Won’t Last Long
The Safest Places to Invest Now
This Offshore Driller is Still a Bargain
5) Southern Copper Corp. (NYSE: SCCO) engages in mining, smelting, and refining mineral properties in South America. It has the largest copper reserves of any publicly traded company and is perfectly positioned to profit from increasing global demand for copper.Best of all, shares currently yield 9.5%.
We chose Transocean as a top dividend paying stock based on these articles:
This Bargain Stock Pays a 9.5% Dividend Yield
Forget Gold, This Metal Is a Much Better Investment
