I run my fundamental stock screener searching stocks with the highest dividend yield. Report list only companies included in index S&P 500. Not surprisingly except one (GM) there are only financials and banks in top ten. The one of the highest yield was for financials compared to other sectors already before credit turmoils. And after deep fall we can see almost incredible yield over 30% for MBI.
I list below one more table. Just to show top 10 high dividend stocks purged from financials.
Top yielding stocks in S&P 500
<colgroup> </colgroup>
Symbol |
Company Name |
Industry |
Yield |
(MBI) |
MBIA Ord Shs |
Titleinsur |
33.58 |
(ACAS) |
American Capital Strat. |
ClFundDebt |
18.36 |
(RF) |
Regions Financial Corp |
StheastBnk |
14.74 |
(KEY) |
Keycorp Ord Shs |
MonCentBnk |
13.51 |
(BAC) |
Bank of America Ord Shs |
MonCentBnk |
11.43 |
(CMA) |
Comerica Inc |
MidwestBnk |
10.7 |
(WB) |
Wachovia Corp Ord Shs |
MonCentBnk |
10.08 |
(GM) |
GENERAL MOTORS |
AutoManu |
9.88 |
(HBAN) |
Huntington Ord Shs |
MidwestBnk |
9.65 |
(MI) |
Marshal & Ilsley Ord Shs |
MidwestBnk |
9.05 |
High dividend S&P 500 stocks (banks and financials excluded)
<colgroup> </colgroup>
Symbol |
Company Name |
Industry |
Yield |
(GM) |
GENERAL MOTORS |
AutoManu |
9.88 |
(CZN) |
Citizens Comms Ord Shs |
TelecomDom |
8.84 |
(Q) |
Qwest Communications Intl |
TelecomDom |
8.51 |
(DDR) |
Developers Diversified Realty |
REITRetail |
8.44 |
(WIN) |
Windstream Corp |
TelecomDom |
8.3 |
(GCI) |
Gannett Co Inc |
PublshNews |
8.16 |
(XL) |
XL Capital Class A Ord Shs |
PropInsure |
7.65 |
(FNM) |
Fannie Mae Ord Shs |
Mtginv |
7.46 |
(PFE) |
Pfizer Ord Shs |
MjrDrgManu |
7.21 |
(RAI) |
Reynolds American Inc |
Cigarettes |
7.19 |
