Author Topic: What are your favorite high dividend stocks?  (Read 9243 times)

hybrid

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What are your favorite high dividend stocks?
« on: September 23, 2013, 01:15:47 PM »
I'm looking at changing up part of my portfolio and buying a range of high dividend stocks in different industries.  So for those who own and/or like these, what are your favorites?  Please no more than five or so, and preferably in different industries (not five utilities, for example).  Thanks!

RaveOregon

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Re: What are your favorite high dividend stocks?
« Reply #1 on: September 23, 2013, 02:10:50 PM »
BP

AlexK

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Re: What are your favorite high dividend stocks?
« Reply #2 on: September 23, 2013, 02:37:43 PM »
VIG

MKinVA

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Re: What are your favorite high dividend stocks?
« Reply #3 on: September 23, 2013, 03:46:43 PM »
Dominion Resources and you can buy it through the reinvestment program.

brewer12345

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Re: What are your favorite high dividend stocks?
« Reply #4 on: September 23, 2013, 04:21:27 PM »
Nna, oln and perhaps ston if you want to deal with a k1.

Stache In Training

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Re: What are your favorite high dividend stocks?
« Reply #5 on: September 23, 2013, 10:44:28 PM »
For diversifying, and for getting high dividend, why not pick a high dividend focused index fund, instead of only 5 stocks?  This is a good post on the MMM blog that talks about it: http://www.mrmoneymustache.com/2012/01/02/guest-posting-the-dividend-aristocrats/

It specifically mentions SDY.  This fund specifically picks only stocks that have increased their dividends for the past 25 years, every year.  I think that's pretty good.  The vanguard equivalent looks to be the high dividend yield index (VYM), or VIG as already mentioned.

If you still want to just do a few stocks, and not an index fund, I'd simply look at the holdings of these funds, and find the ones that overlap, such as johnson and johnson, chevron, at&t, etc., and go with those.

@brewer12345 STON has a 10% yield?! Sounds great, but how sustainable is that? Or how long has it been that way? Or rather, why is it that high? Curious.

hybrid

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Re: What are your favorite high dividend stocks?
« Reply #6 on: September 24, 2013, 07:14:34 AM »
For diversifying, and for getting high dividend, why not pick a high dividend focused index fund, instead of only 5 stocks?  This is a good post on the MMM blog that talks about it: http://www.mrmoneymustache.com/2012/01/02/guest-posting-the-dividend-aristocrats/

It specifically mentions SDY.  This fund specifically picks only stocks that have increased their dividends for the past 25 years, every year.  I think that's pretty good.  The vanguard equivalent looks to be the high dividend yield index (VYM), or VIG as already mentioned.

If you still want to just do a few stocks, and not an index fund, I'd simply look at the holdings of these funds, and find the ones that overlap, such as johnson and johnson, chevron, at&t, etc., and go with those.

@brewer12345 STON has a 10% yield?! Sounds great, but how sustainable is that? Or how long has it been that way? Or rather, why is it that high? Curious.

Oh, I plan on having more than five stocks, I just did not want a post from someone with 50 suggestions, I really just want the five or so favorites of others for me to research.

Missus and I already have a lot of eggs in the equities basket via our 401Ks (which are in funds that mirror the S&P 500), this is money on the side that I take a little more risk with.  33% return in 2011, 12% in 2012.  But only 5% so far this year, a few significant poor choices on my part (AAPL at 504...).  Still, I'm happy with my results over time.

I figure if there are some folks who have leveraged dividend stocks well, I will find them on these forums.

Thanks to everyone for the input so far.  Looks I have my lunch hour mapped out for today.

brewer12345

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Re: What are your favorite high dividend stocks?
« Reply #7 on: September 24, 2013, 09:16:34 AM »
For diversifying, and for getting high dividend, why not pick a high dividend focused index fund, instead of only 5 stocks?  This is a good post on the MMM blog that talks about it: http://www.mrmoneymustache.com/2012/01/02/guest-posting-the-dividend-aristocrats/

It specifically mentions SDY.  This fund specifically picks only stocks that have increased their dividends for the past 25 years, every year.  I think that's pretty good.  The vanguard equivalent looks to be the high dividend yield index (VYM), or VIG as already mentioned.

If you still want to just do a few stocks, and not an index fund, I'd simply look at the holdings of these funds, and find the ones that overlap, such as johnson and johnson, chevron, at&t, etc., and go with those.

@brewer12345 STON has a 10% yield?! Sounds great, but how sustainable is that? Or how long has it been that way? Or rather, why is it that high? Curious.

Ston is an mlp so it is a full payout vehicle.  It owns cemeteries and funeral homes and is poly understood by the market.  If I were willing to deal with a k1 I would own it again.


fiveoh

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Re: What are your favorite high dividend stocks?
« Reply #8 on: September 24, 2013, 12:19:20 PM »
What do you consider a high yield dividend stock?  3%? 4%? 8%? 

Are you looking for ones that are fair to undervalued to buy now or just which are a favorite WHEN they are fair to undervalued. 

AJDZee

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Re: What are your favorite high dividend stocks?
« Reply #9 on: September 24, 2013, 01:26:03 PM »
I'm taking the following approach... for my diversified investments I go ETFs like the ones above, but for the portfolio that I deem as 'dividend' investments I buy direct shares of big, well known companies.

The aristocrats and other 'high dividend' ETFs still usually yield less than 3%. They hold nice big ones like AT&T, J&J, etc, but I guess there's enough holdings within the ETF that have relatively low dividends that bring the average down below 3. Plus you're paying 0.2%-0.5% annually for the ETF as well. When I buy the direct shares, it's just a simple $5 trade comission and that's it.

However a case can be made for the stable ETFs because even that boring 'less than 3% dividend return' turns very exciting when you hold these investments over a long period of time as dividends and market prices usually go up faster than inflation.

Canadian banks are stable dividend stocks - I like BMO.

hybrid

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Re: What are your favorite high dividend stocks?
« Reply #10 on: September 24, 2013, 01:42:38 PM »
What do you consider a high yield dividend stock?  3%? 4%? 8%? 

Are you looking for ones that are fair to undervalued to buy now or just which are a favorite WHEN they are fair to undervalued.

4% and up, and simply asking which ones others in this forum prefer within that group of stocks.     

hybrid

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Re: What are your favorite high dividend stocks?
« Reply #11 on: September 24, 2013, 01:46:08 PM »
...but for the portfolio that I deem as 'dividend' investments I buy direct shares of big, well known companies.

That was my thought as well.  Perhaps 10 large companies in various industries with dividends at 4% or greater.  BP was a perfect example, as was D.  But I have nothing set in stone yet, I'm researching for now.

Left

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Re: What are your favorite high dividend stocks?
« Reply #12 on: September 24, 2013, 01:46:46 PM »
I own MVO. It's down for last few months, but I'll make it back in the dividend. It does fluctuate. I've already seen it as high as 14% and as low as 9% for different payouts.

KingCoin

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Re: What are your favorite high dividend stocks?
« Reply #13 on: September 24, 2013, 02:49:37 PM »
VGR

AJDZee

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Re: What are your favorite high dividend stocks?
« Reply #14 on: September 24, 2013, 05:06:03 PM »
good lord look at those dividends!  I wonder what % of their profits are used to pay those bad boys.

fiveoh

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Re: What are your favorite high dividend stocks?
« Reply #15 on: September 25, 2013, 09:18:51 AM »
What do you consider a high yield dividend stock?  3%? 4%? 8%? 

Are you looking for ones that are fair to undervalued to buy now or just which are a favorite WHEN they are fair to undervalued.

4% and up, and simply asking which ones others in this forum prefer within that group of stocks.     

My top 5 favs from my portfolio currently yielding 4% and up:

PM
SO
LEG (3.92% not quite at 4%)
DLR
LO

Note: I am not saying I would or wouldn't buy any of these at their current valuations. 

TSR Capital

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Re: What are your favorite high dividend stocks?
« Reply #16 on: September 27, 2013, 07:53:31 AM »
ETFs:
EDIV  5-7%
EWS  4.5%
LVL  6.5%

MLPs:
NTI    14%
CVRR   21%

Stocks:
INTX   9%
M (MURGY)   5%
UVE  4.5%

See my entire mock portfolio at my blog.

The Financial Lexicon

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Re: What are your favorite high dividend stocks?
« Reply #17 on: September 27, 2013, 02:58:59 PM »
I like individual dividend stocks a lot (currently have 21 in my portfolio).  But as an income-focused investor, I also diversify beyond just dividend-paying stocks.  I recently wrote a nine page document about this called, "The Insider's Guide to Income Investing."  For those interested in reading it, I attached it to this post.

Regards,

The Financial Lexicon
« Last Edit: September 27, 2013, 03:18:49 PM by The Financial Lexicon »

chasesfish

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Re: What are your favorite high dividend stocks?
« Reply #18 on: September 28, 2013, 03:27:33 PM »
Here are a couple of my favorites

GPC
BOH
CBRL
omi

Not always the highest yield, but very little debt outside of the Bank of Hawaii.

BOH returns 6-7% a year to shareholders, but more is in buybacks then dividends.  Feds aren't really allowing banks to pay more than 30% of net income in a dividend