SEPTEMBER 22, 2006



Stock Screens

By Michael Kaye, CFA


Safe and Secure Dividend Payers

This week, we found a handful of appealing stocks that have yields and dividend growth above the S&P 500 index


  STORY TOOLS
Printer-Friendly Version
E-Mail This Story
Reader Comments
  RELATED ITEMS
Stock Screens Archive

  PEOPLE SEARCH

Search for business contacts:

First Name :
Last Name :
Company Name :

PREMIUM SEARCH
Search by job title, geography and build a list of executive contacts

Search by Zoominfo

From Standard & Poor's Equity Research
With many Wall Street pros predicting a lackluster stock market for the rest of the year, safe income-producing stocks may be a good place to park the equity exposure of your portfolio. Getting paid to own a stock in the form of dividends is certainly a bonus, especially when things look dicey (see BusinessWeek.com, 9/5/06, "Making Dividend Plays Pay").


Income-producing stocks aren't just for retirees anymore. In fact, along with offering a nice cushion in flat or down markets, companies that pay dividends have been shown to outperform ones that don't. In general, companies that keep raising dividends each year show that they're healthy, and that they're generating enough cash to give back to shareholders.

This week's screen scouted for stocks with a dividend yield greater than 3% and a five-year average annualized dividend growth rate greater than 12%. In comparison, the S&P 500 index currently has yield of 2.16% and a dividend growth rate of 10.3%.

Each stock selected carries a 4- or 5-STARS Ranking (buy or strong buy) from S&P Equity Research and an S&P Quality Ranking of A- or better.

Only a handful of stocks made the cut:

  Safe Income Producers
CompanySymbol
Bank of AmericaBAC
Bank of HawaiiBOH
CitigroupC
New Plan Excel RealtyNXL
Pfizer Inc.PFE



Kaye, an analyst for Standard & Poor's Portfolio Services, is the author of The Standard & Poor's Guide to Selecting Stocks


All of the views expressed in this research report accurately reflect the research analyst's personal views regarding any and all of the subject securities or issuers. No part of analyst compensation was, is or will be, directly or indirectly related to the specific recommendations or views expressed in this research report.
Standard & Poor's Regulatory Disclosure

Any advice, analysis, or recommendations contained in articles labeled "Insight from Standard & Poor's" reflect the views of Standard & Poor's, which operates separately from and independently of BusinessWeek Online. It is possible that BWOL may from time to time publish information that is not consistent with advice, analysis, or recommendations that are published by Standard & Poor's. Standard & Poor's and BusinessWeek Online are each units of The McGraw-Hill Companies, Inc.
 READER COMMENTS



 BW MALL   SPONSORED LINKS
Buy a link now!


Get BusinessWeek directly on your desktop with our RSS feeds.XML

Add BusinessWeek news to your Web site with our headline feed.

Click to buy an e-print or reprint of a BusinessWeek or BusinessWeek Online story or video.

To subscribe online to BusinessWeek magazine, please click here.

Learn more, go to the BusinessWeekOnline home page
Back to Top
Advertising | Special Sections | MarketPlace | Knowledge Centers

Terms of Use | Privacy Notice | Ethics Code | Contact Us

Copyright 2000- 2012 by Bloomberg L.P.
All rights reserved.

Bloomberg L.P.

  MARKET INFO
DJIA 0 0.00
S&P 500 0 0.00
Nasdaq 0 0.00

Portfolio Service Update

Stock Lookup

Enter name or ticker