Top 10 Highest-Yielding S&P 1500 Stocks

IndyMac Bancorp is the second-highest yielder on the S&P 1500 list, with a yield of 8.5%. Shares of this lender have suffered during the last few months from the general market fallout over adjustable-rate and subprime mortgages. The stock has a P/E of 7 and a PEG of 0.87.

IndyMac is part of the Stockpickr portfolio called Stocks With a PEG of Less Than 1, a list that also includes Morgan Stanley , which has a PEG of 0.59 and a yield of 1.7%, and Chesapeake Energy , which has a PEG of 0.41 and a small yield of 0.8%.

Another stock on the list of high-yield S&P 1500 stocks is Entercom Communications , with a yield of 7.3%. Entercom owns and operates radio stations across the country including in the San Francisco, Boston, Seattle, Denver, Sacramento, Portland, Kansas City, Indianapolis and Milwaukee markets. The stock has a P/E of 80.8 and a PEG of 3.8.

Entercom shows up in the Stockpickr portfolio of More High-Yield Stocks You've Never Heard Of, which lists high dividend stocks with relatively unknown names. Other stocks on this list include First Commonwealth Financial , a bank holding company that yields 5.8%, and TAL International Group , a container equipment leasing company that also yields 5.8%.

The entire list of the Top 10 Highest-Yielding S&P 1500 Stocks can be found at Stockpickr.com.