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!

8 Stocks With Raised Dividends, Upside

NEW YORK ( TheStreet) -- The following companies from such sectors as pharma, insurance, lease and finance have high-yield dividend payouts of 1% to 4% and potential upside of 8% to 31% over the next 12 months. These companies are avoiding a November freeze by increasing the cash dividend paid to their shareholders. On average, these stocks have 68% buy rating and 30% hold rating.

Despite global economic uncertainty, a few of these companies are able to maintain their robust business models and have raised their dividend payout for the upcoming quarter. Investors can cash in on this combination of high dividends and estimated potential upside from current value.

The stocks are arranged in ascending order of dividend yield.

8. DDR (DDR - Get Report) is a self-administered and self-managed real estate investment trust (REIT). The company engages in owning, managing and developing a portfolio of shopping centers and, to a lesser extent, office properties. Broadly, it operates in three segments: shopping centers, Brazil equity investment, and other investments. DDR owns and manages 546 shopping centers in 41 states.

Mid-November, DDR upped its quarterly dividend by 33% from the third quarter of 2011 to a new rate of 8 cents per share for the fourth quarter of 2011.The increased dividend is payable Jan. 6, 2012 to shareholders of record Dec. 16. Currently, DDR has a dividend yield of 1.4% and the new payout features a yield of 2.6%.

For the third quarter ended Sept. 30, the company registered 1.8% increase in total revenue to $196.5 million. The REIT said funds from operations amounted to $67.4 million, or 24 cents per diluted share, excluding certain adjustments. For the quarter, DDR executed 516 new leases and renewals for over 2.5 million square feet. In addition, same-store net operating income growth stood at 3.7%, vs. 2% in the prior year third quarter.

For full year 2011, the company estimates its funds from operations in the 95 cents to $1 per diluted share range. Also, at a recent Annual Convention For All Things REIT, the company's chief executive said that an active 2011 with several acquisitions, it plans to continue the momentum in 2012. The company has no major consolidation plans, but will partner premier retailers to fill its properties.

Of the 16 analysts covering the stock, 44% recommend a buy and 50% suggest a hold. Analysts polled by Bloomberg foresee the stock gaining an average 28.3% to $14.45 in the upcoming 12 months.

1 of 8

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!
ADP $88.84 0.00%
AYR $23.07 0.00%
BBSI $37.25 0.00%
DDR $18.94 0.00%
MRK $58.54 0.00%


DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

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