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

Six Bullish Stocks That Pay High Dividends

MO Payout Ratio TTM Chart MO Payout Ratio TTM data by YCharts

Altria Group, Inc.(MO - Get Report)

52-Week Range: $25.27 to $36.29

Yield: 4.82%
I don't care for the smell of cigarettes, but making money has a sweet aroma I find hard to resist. I was out of town on vacation last week, or I would have likely picked up shares of Altria on Friday. If I am able to light up, and acquire shares at a price near $33, I intend to add this one as a longer-term hold.

Shareholders receive $1.64 annually in dividend payments. Examining the dividend history of a company is a great way to help understand what we may expect in the future. Of course the past doesn't guarantee future dividends, but it does paint a useful picture. The three-year average amount they have distributed to shareholders per year is $1.45. $2.21 per share this year in estimated earnings is enough to keep the dividend addiction more than satisfied.

Currently, the short interest based on the float is small and not a big concern. Short interest is 2.4%.

Background: Altria is the parent company of Philip Morris USA, U.S. Smokeless Tobacco Company, John Middleton, Ste. Michelle Wine Estates and Philip Morris Capital Corporation. Their tobacco company brand portfolios consist of successful and well-known brand names such as Marlboro, Copenhagen, Skoal and Black & Mild. The company was founded in 1919 and trades an average of 9 million shares per day with a marketcap of $68 billion.

Verizon Communications(VZ - Get Report)

52-Week Range: $34.65 to $46.41

Investors are receiving $2 a year in dividends for a yield of 4.73%. During the last three years of dividend payments, the average yearly dividend declared was $1.91. Over the last five years, the dividend has increased by an average of almost 4% per year.

Verizon is estimated to make $2.50 per share this year, and while the payout rate is above some of the others, this company has a utility feel to it. The stock has retraced off the highs of July; however, it appears the lower prices are more of a bargain sale than a change in the trend direction.

The moving averages are moving higher, but the price did fall below the 60- and 90-day moving averages before bouncing back above the 90-day moving average. The 200-day moving average price support doesn't become a factor until $40.30. I don't believe Verizon will move below the key 200-day moving average support absent a large catalyst.

Background: Verizon, formed by the merger of Bell Atlantic and GTE, is one of the world's leading providers of high-growth communications services. Verizon companies are the largest providers of wireline and wireless communications in the United States. Verizon trades an average of 10 million shares per day with a marketcap of $120 billion.
3 of 4

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
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
Only $49.95
14-Days Free
14-Days Free
ABT $38.92 -3.70%
CVX $102.33 -0.07%
MO $62.74 0.88%
LLY $75.56 -1.20%
VZ $50.95 -0.14%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs