Lately I've been publishing ways how to cover you portfolio in days of uncertainty. Currently I am searching for high quality dividend stocks. Among big caps top payers are usually banks and financials like Bank of America (BAC), Wachovia (WB) or Citigroup (C) with dividend yield around 6.
I've searched caps with market capitalization at least 5B and P/E below 15 and the winner is Magyar Telekom (MTA) with dividend yield 14. Also I rather prefer telco before financials nowadays. European telecommunication sector is one of my favourite. All good started with better than expected earnings results for France Telecom (FTA.PA). I still keep long position in Deutsche Telekom (DTE.DE). Both are traded at 52 weeks high.
$26.87 (12/05/07)
