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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

9 Stocks With Low Volatility, High Dividends

Stocks in this article: TGT ABT BAX WMT CVX CB XOM HRS HCBK

The financial sector's representation consists of insurance giant Chubb (CB) and Paramus, N.J.-based bank holding company Hudson City Bancorp (HCBK).

Chubb has a beta of 0.49 and a forward annual dividend yield of 2.6%, and the company has been on a roll of late, beating analyst expectations in eight straight quarters, including a 20%-plus beat in its fiscal second quarter ended in June. Hurricane Irene, however, is expected to take a decent bite out of the company's third-quarter profits with Evercore Partners recently lowering its earnings estimate by 25 cents to 60 cents a share from 80 cents a share, putting Chubb's loss from the storm at around $350 million. Chubb shares closed Monday at $59.38, up 2.6%.

Hudson City's beta is at 0.64, according to S&P, while its forward annual yield is a whopping 5.8% at current levels, evidence of the stock's nearly 57% decline so far in 2011. The company undertook a major restructuring of its balance sheet in the first quarter, posting a loss and lowering its dividend to the current quarterly payout of 8 cents a share from its prior level of 15 cents at that time as it continues to deal with non-performing loans.

Wall Street is skeptical to say the least with 20 of the 21 analysts covering Hudson City shares at hold (18) or underperform (20). The stock finished Monday at $5.81, up 3.4%.

Rounding out the list is Harris Corp. (HRS) with a beta of 0.88 and a forward annual dividend yield of 3.2%. The Melbourne, Fla.-based communications equipment company is the only tech name on the list, and its stock has lost more than 20% year-to-date.

The company is slated to report its fiscal first-quarter results on Oct. 26, and the average estimate of analysts polled by Thomson Reuters is for earnings of $1.05 a share on revenue of $1.46 billion in the September-ended quarter.

Last time around, Harris delivered what it termed a "solid" in-line profit, and unveiled plans to return cash to shareholders in the form of a $1 billion buyback program and a 12% quarterly dividend boost to 28 cents a share. The shares settled at $36.28 on Monday, gaining 2.1%.

So there's a few stocks worth checking out as stocks wrestle with so much uncertainty. While the jury is out on the current state of the market, Stovall notes that a bear market historically takes a while to reveal itself with the 12 bear markets since 1946 taking an average of nine months for the S&P 500 to come down a full 20%.

3 of 4

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!


DOW 17,959.44 +154.64 0.87%
S&P 500 2,078.54 +7.89 0.38%
NASDAQ 4,781.4240 +16.0440 0.34%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

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