This Day On The Street
Continue to site
ADVERTISEMENT
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

Top 10 Dividend Stocks

NEW YORK ( TheStreet) -- Dividend yield is the most important factor to use when evaluating investment opportunities, says London-based portfolio manager Job Curtis. Stocks paying steady dividends tend to fall less than the others during tough economic times.

The 10 selected stocks from diversified sectors like energy, financials, medical equipment and consumer goods have dividend yields ranging from 2% to 14% and one-year dividend growth of 6% to 70%.

Based on average estimates of analysts surveyed by Bloomberg, these stocks have upside of 10% to 56%. Among analysts covering the stocks, 74% on average recommend a buy.

The stocks are listed in ascending order of upside expected by analysts.

10. Procter & Gamble (PG - Get Report) is a global consumer products giant offering well-known brands. The company's products find exposure in more than 180 countries.

For the first quarter of fiscal 2012, P&G has increased its quarterly dividend to 52 cents from 48 cents in the year-ago period. Operating cash flow was $2.2 billion and free cash flow stood at $1.03 billion. The company has repurchased $1.3 billion shares and returned $1.5 billion cash as quarterly dividend. Currently, the stock is trading at a dividend yield of 3.1% and 9.1% one-year dividend growth, as per data compiled by Bloomberg.

For its first quarter fiscal 2012 ended Sept. 30, the company reported net sales growth of 9% to $21.9 billion compared to $20.1 billion in the same quarter 2010. Net earnings stood at $3 billion and diluted net earnings for the quarter came in at $1.03 per share, an increase of 1%. Cash and cash equivalents increased to $3.58 billion from $2.76 billion in the previous quarter.

For the second quarter of fiscal 2012, net sales and organic sales growth are estimated in the 3% to 5% range. Diluted net earnings per share and core EPS are expected to be in the range of $1.05 to $1.11. For fiscal 2012, diluted EPS from continuing operations and core EPS are expected between $4.17 and $4.33, up 6% to 10%.

Of the 27 analysts covering the stock, 78% recommend a buy and 15% rate a hold. Analysts polled by Bloomberg foresee the stock gaining an average 9.5% to $72.29 in the upcoming 12 months.

1 of 10

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
Only $9.95
14-Days Free
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
SYM TRADE IT LAST %CHG
ETE $63.82 -0.62%
EPD $29.73 -0.90%
INTC $30.32 -0.23%
LINE $9.06 -1.80%
QCOM $62.55 -0.11%

Markets

DOW 17,613.17 +16.82 0.10%
S&P 500 2,061.47 +3.83 0.19%
NASDAQ 4,977.8270 +19.3590 0.39%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs