This Day On The Street
Continue to site
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

5 High-Yield Stocks Ready to Boost Dividends

Duke Energy

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

It's been a pretty lukewarm year so far for Duke Energy (DUK - Get Report) shareholders. Since the first trading day of January, the $29 billion regulated utility holding company has essentially traded flat, leaving investors turning to dividends for all of their return hopes.

With a 4.6% dividend yield, investors are at least up on the year with DUK's shares when those cash payouts are factored in. But Duke has been paying out the same 25-cent quarterly dividend for eight straight quarters now -- and the company has the wherewithal to hike those payouts right now.

Duke provides gas and electric service to customers in a handful of Southern and Midwestern states, in addition to the firm's generation and merchant power assets here in the U.S. and hydroelectric plants in Latin America. For income investors, regulated utilities are the goose that lays the golden egg: their profitability is consistent and recession resistant, and historically they hike dividends frequently. A pending merger with Progress Energy (PGN) stands to make Duke the single biggest regulated utility in the country.

While Duke's other businesses add some volatility to earnings, they also add substantially more upside potential. Growth in Brazil has fueled most of its international successes in the past and should continue to make up the biggest part of the division in the future.

Despite a capital-intense business that's ramping up leverage to grow, cash coverage is more than sufficient to support a bigger dividend in 2012.

Duke shows up on a list of 10 Stocks That Will Let You Retire.
3 of 6

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

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
DUK $79.04 0.00%
GRMN $34.69 0.00%
MCHP $42.22 0.00%
MO $59.80 0.00%
SCCO $26.50 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs