TheStreet Ratings' stock model projects a stock's total return potential over a 12-month period including both price appreciation and dividends. Our Buy, Hold or Sell ratings designate how we expect these stocks to perform against a general benchmark of the equities market and interest rates.

While plenty of high-yield opportunities exist, investors must always consider the safety of their dividend and the total return potential of their investment. It is not uncommon for a struggling company to suspend high-yielding dividends which could subsequently result in precipitous share price declines.

TheStreet Ratings' stock rating model views dividends favorably, but not so much that other factors are disregarded. Our model gauges the relationship between risk and reward in several ways, including: the pricing drawdown as compared to potential profit volatility, i.e. how much one is willing to risk in order to earn profits?; the level of acceptable volatility for highly performing stocks; the current valuation as compared to projected earnings growth; and the financial strength of the underlying company as compared to its stock's valuation as compared to its stock's performance.

These and many more derived observations are then combined, ranked, weighted, and scenario-tested to create a more complete analysis. The result is a systematic and disciplined method of selecting stocks. As always, stock ratings should not be treated as gospel — rather, use them as a starting point for your own research.

The following pages contain our analysis of 3 stocks with substantial yields, that ultimately, we have rated "Hold."

ONEOK Partners

Dividend Yield: 9.80%

ONEOK Partners

(NYSE:

OKS

) shares currently have a dividend yield of 9.80%.

ONEOK Partners, L.P. engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates in three segments: Natural Gas Gathering and Processing; Natural Gas Liquids; and Natural Gas Pipelines. The company has a P/E ratio of 18.48.

The average volume for ONEOK Partners has been 1,109,300 shares per day over the past 30 days. ONEOK Partners has a market cap of $6.0 billion and is part of the energy industry. Shares are down 29.9% year-to-date as of the close of trading on Tuesday.

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TheStreet Ratings rates

ONEOK Partners

as a

hold

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, generally higher debt management risk and disappointing return on equity.

Highlights from the ratings report include:

  • Net operating cash flow has significantly increased by 320.63% to $315.15 million when compared to the same quarter last year. In addition, ONEOK PARTNERS -LP has also vastly surpassed the industry average cash flow growth rate of -19.71%.
  • Regardless of the drop in revenue, the company managed to outperform against the industry average of 34.6%. Since the same quarter one year prior, revenues fell by 30.6%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
  • The debt-to-equity ratio of 1.28 is relatively high when compared with the industry average, suggesting a need for better debt level management. Along with this, the company manages to maintain a quick ratio of 0.29, which clearly demonstrates the inability to cover short-term cash needs.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. When compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, ONEOK PARTNERS -LP's return on equity is below that of both the industry average and the S&P 500.

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PBF Energy

Dividend Yield: 4.20%

PBF Energy

(NYSE:

PBF

) shares currently have a dividend yield of 4.20%.

PBF Energy Inc., together with its subsidiaries, engages in the refining and supply of petroleum products. The company has a P/E ratio of 52.00.

The average volume for PBF Energy has been 1,579,800 shares per day over the past 30 days. PBF Energy has a market cap of $2.4 billion and is part of the energy industry. Shares are up 3.7% year-to-date as of the close of trading on Tuesday.

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TheStreet Ratings rates

PBF Energy

as a

hold

. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins.

Highlights from the ratings report include:

  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Oil, Gas & Consumable Fuels industry. The net income increased by 548.0% when compared to the same quarter one year prior, rising from $20.96 million to $135.81 million.
  • Net operating cash flow has significantly increased by 295.91% to $185.17 million when compared to the same quarter last year. In addition, PBF ENERGY INC has also vastly surpassed the industry average cash flow growth rate of -19.71%.
  • Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period. Although other factors naturally played a role, the company's strong earnings growth was key. We feel that the combination of its price rise over the last year and its current price-to-earnings ratio relative to its industry tend to reduce its upside potential.
  • The gross profit margin for PBF ENERGY INC is currently extremely low, coming in at 7.18%. Regardless of PBF's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 3.82% trails the industry average.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. In comparison to the other companies in the Oil, Gas & Consumable Fuels industry and the overall market, PBF ENERGY INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.

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OFG Bancorp

Dividend Yield: 4.40%

OFG Bancorp

(NYSE:

OFG

) shares currently have a dividend yield of 4.40%.

OFG Bancorp, a financial holding company, provides various banking and financial services primarily in Puerto Rico. It operates in three segments: Banking, Wealth Management, and Treasury. The company has a P/E ratio of 21.88.

The average volume for OFG Bancorp has been 1,016,200 shares per day over the past 30 days. OFG Bancorp has a market cap of $402.3 million and is part of the banking industry. Shares are down 48% year-to-date as of the close of trading on Tuesday.

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TheStreet Ratings rates

OFG Bancorp

as a

hold

. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income.

Highlights from the ratings report include:

  • OFG, with its decline in revenue, underperformed when compared the industry average of 1.2%. Since the same quarter one year prior, revenues fell by 25.0%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
  • The gross profit margin for OFG BANCORP is rather high; currently it is at 65.53%. Regardless of OFG's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, OFG's net profit margin of -3.28% significantly underperformed when compared to the industry average.
  • Net operating cash flow has significantly decreased to $12.34 million or 77.23% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • OFG BANCORP has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. Earnings per share have declined over the last year. We anticipate that this should continue in the coming year. During the past fiscal year, OFG BANCORP reported lower earnings of $1.50 versus $1.74 in the prior year. For the next year, the market is expecting a contraction of 71.3% in earnings ($0.43 versus $1.50).
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Commercial Banks industry. The net income has significantly decreased by 114.6% when compared to the same quarter one year ago, falling from $21.31 million to -$3.11 million.

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