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

6 Dividend Stocks With Strong Payout Ratios

Diamond Offshore

Diamond Offshore (DO - Get Report) is global offshore oil and gas drilling contractor specializing in deep water projects. The company has struggled along with the rest of the oil and gas services complex in the last year as the weakness in Europe has resulted in lower commodity prices and a stronger U.S. dollar. Brent crude oil is trading at 52-week lows and shows no signs of rebounding anytime soon.

But Diamond Offshore is controlled by a very savvy group of investors, the Tisch family, with James Tisch in place as the company's chairman. Loews (L) owns a majority of Diamond Offshore stock.

>>5 Energy Stocks T. Boone Pickens Loves Right Now

What is interesting about Diamond Offshore is the two-tiered dividend structure that the company pays out to shareholders. The regular dividend of 12.5 cents per share per quarter, or 50 cents per share annually, has been paid since 2005, as reported by most market data sources. However, what is typically not reflected by many of these information sources is the additional special cash dividend that Diamond Offshore has paid on an annual basis since 2006. This amounted to another $3 in the past year.

When you combine both dividends, you get a yield of 5.9% and a payout of 82.7%.

3 of 7

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
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
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!
SYM TRADE IT LAST %CHG
DO $29.82 0.00%
HON $102.50 0.00%
JNJ $101.08 0.00%
SCCO $30.94 0.00%
SYY $37.93 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs