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 Mid Cap Stocks in the Service Sector With High Dividend Yields

James Dennin, Kapitall: We decided to run a screen on dividend stocks, looking for mid cap stocks with yields above 5%.

Among all the talk of large caps vs. small caps, bull markets vs. bear, stock screens often leave out companies that are comfortably in the middle.

Mid cap stocks range in market capitalization between $2 and $10 billion in size, and can sometimes provide some of the security that comes with investing in larger companies, as well as growth prospects of smaller ones.

Read more from Kapitall: American Airlines and US Airways to Merge: Airline Stocks to Watch

One such company might be Corrections Corporation of America (CXW). Like all of the stocks in our screen, Corrections Corp. offers a robust dividend yield of 5.76%.

The company also has a relatively low valuation, with a forward price to equity ratio of only 14. Slight upticks in insider buying indicate that this company might have room to grow in 2014, or lucrative projects in the pipeline. 

One of the top performing entertainment stocks of the year also happens to have one of the highest dividend yields in the sector as well. Cedar Fair (FUN)'s trailing-12-month earnings per share was $2.12, following only  Priceline (PCLN) and Six Flags (SIX)

Another interesting company to consider is not one you'd expect: the printing company R.R Donnelley & Sons (RRD). With a clientele that includes 95% of the Fortune 500, and diversified services in printing, logistics, and outsourcing (among others), the company's future, and ability to pay out future dividends, seems relatively assured.

R.R Donnelley's valuation is pretty low, with a forward P/E of 12. However it's dividend yield is quite high at 5.62%, and the stock is up over 100% for the year. Some analysts believe the trend will continue.  

What do you think?

1 of 2

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
AAPL $95.03 -2.90%
FB $116.73 7.20%
GOOG $691.02 -2.10%
TSLA $247.54 -1.60%
YHOO $36.59 -0.97%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs