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Six Bullish Stocks Will Pay You High Dividends

WAG Chart WAG data by YCharts

Walgreen (WAG)

Background: Walgreen, together with its subsidiaries, operates a chain of drugstores in the U.S. The company was founded in 1901 and is based in Deerfield, Ill. Walgreen trades an average of 8.1 million shares per day with a marketcap of $32 billion.

52-Week Range: $28.53 to $37.35

Book Value: $21.24

Price to Book: 1.8

Earnings Payout Percentage: 39%

Walgreen pays $1.10 a year in dividends for a respectable yield of 3%. While 3% is great, Walgreen has an average of 50% increases in dividend payments over the last five years. No one considers the incredible growth rate sustainable, but with less than a 40% payout rate, there is plenty of room to grow.

TheStreet's Gary Morrow writes about Walgreen on Real Money in Walgreen Moving Well Ahead of Earnings .

WAG Dividend Chart WAG Dividend data by YCharts

Shares are slowly but steadily climbing in the last 30 days. Shares are now 2.8% higher than last month.

The chart is a solid bull trend. In fact, the stock appreciated over 9% in the last year, and the average analyst target price for Walgreen is $38.82.

Currently, the short interest based on the float is inconsequential and not a big concern. Short interest is 2.6%, just enough to keep short sellers up at night.

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WAG $81.65 2.05%
BMY $65.76 0.00%
GIS $56.35 0.00%
GE $25.12 0.00%
JPM $60.96 0.00%


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