This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Top Dividend Stocks of the Week: Nucor

In spite of a week when the Dow Jones Industrial Average dropped almost 400 points on Friday, there were still several dividend increases, dividend reinstatements and supplemental dividend payments.

With that in mind, Stockpickr has put together another portfolio of the Top Dividend-Increasers for the Week.

Nucor (NUE - Get Report) declared a regular quarterly dividend of 32 cents a share, and it added a supplemental dividend of 20 cents a share. This steel manufacturer just raised its earnings forecast above analysts' opinions for the second quarter, due to increasing shipments and higher profit margins. The stock has a P/E of 15 and a PEG of 1.43, and it pays a yield of 1.6%.

Nucor is favored by Ken Fisher, longtime Forbes columnist and head of Fisher Asset Management, with $30 billion under management. He was ranked the No. 1 market expert by Fisher also likes United Technologies (UTX - Get Report), with a 1.8% yield; EnCana (ECA - Get Report), also with a 1.8% yield; and BHP Billiton (BHP), which pays a yield of 1.4%.

Another stock in the portfolio is Universal Health Realty Income Trust (UHT - Get Report), which boosted its dividend by almost 1% to 58.5 cents for the quarter. This real estate investment trust invests in medical-related real estate, including acute care hospitals, behavioral health care facilities, rehabilitation hospitals, surgery centers and medical office buildings. The company reported 35 cents per diluted share for the first quarter, vs. 49 cents per diluted share for the same quarter last year. It has a P/E of 20 and pays a yield of 6.5%.

Universal Health Realty shows up in the Stockpickr portfolio called High-Yield Healthcare REITs, which lists health-related REITs that have yields of 5.5% and up. The portfolio also includes Healthcare Realty Trust (HR - Get Report), which yields 5.5%; Cogdell Spencer (CSA), the medical office building developer, which yields 7.5%; and LTC Properties (LTC), yielding 5.5%.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
NUE $47.64 0.00%
HR $27.55 0.00%
ECA $11.79 0.00%
UHT $50.86 0.00%
BHP $50.93 0.00%


DOW 18,135.72 +38.82 0.21%
S&P 500 2,101.04 +2.51 0.12%
NASDAQ 4,982.8090 +15.6680 0.32%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs