NEW YORK ( TheStreet) -- Natural Resources Partners ( NRP), Penn Virginia Resource Partners ( PVR), Alliance Resource Partners ( ARLP), Nucor ( NUE) and Worthington Industries ( WOR) are the top-five dividend-yielding metal and mining stocks with yields of 9.23%, 9%, 6.85%, 3.83% and 3.33%, respectively.

We identified these five stocks a couple of months ago in our May 13 report. Dividend yields for all the stocks, except Nucor, have increased since then.

In terms of stock performance, Natural Resource has gained 2% since May 13. Penn Virginia and Alliance Resource have lost 7% and 3%, respectively. Moreover, Nucor and Worthington have declined 19% and 24%, respectively, underperforming the S&P 500, which lost 12% during the period under review.

Clearly, Natural Resource has been an outperformer. One reason behind this can be the fact that the stock has a beta of 1.16, much lower than its peers James River Coal ( JRCC), Peabody Energy ( BTU) and Consol Energy ( CNX), which have betas of 2.11, 1.49 and 1.57, respectively. Currently, the stock has three buy, three hold and one sell ratings, according to TheStreet's Analyst ratings guide.

Nucor, on the other hand, released its second-quarter guidance on June 15. The company expects second-quarter results to be in the range of 20 cents to 25 cents per share, compared to earnings of 10 cents per share during the first quarter of 2010 and a loss of 43 cents per share during the second quarter of 2009.

The guidance came in well-below analysts' estimates of 34 cents per share. Subsequently, the news was not taken too positively by markets and the stock has lost 13% since then. It is hovering around its 52-week low.

Shifting focus to top loser Worthington Industries, the stock has lost 24% during the last two months. On June 29, the company reported results for the fourth quarter and full-year 2010. The company swung to profitability during the fourth quarter. Earnings stood at 42 cents per share compared to a loss of 17 cents per share a year ago. Analysts estimated earnings of 26 cents per share.

We have been positive on the long-term outlook of the stock as mentioned in our report dated June 16. On July 2, JPMorgan assigned a neutral rating to the stock with a price target of $18.50, implying a 50% upside over current levels.
Karvy Global Services (www.karvyglobal.com), a subsidiary of the Karvy group (www.karvy.com), provides specialized research in asset classes including stocks, mutual funds and insurance to leading Wall Street firms.