As a supplement to the printed edition of IAS, we provide an Excel spreadsheet each month with data on all companies currently tracked by the newsletter. Using this file, it's easy enough to sort the companies to find those with the highest yield (or lowest P/E Ratio or highest projected total return, etc.).
Here are the 12 companies currently followed by our analysts that pay a dividend yield of 2.0% or better (as of their closing prices on November 16, 2011). As of that date, all of these companies except ADP were trading at relative values below 100% and were below our maximum suggested buy prices.
Symbol | Company Name | % Yield | Projected EPS Growth |
CFR | Cullen/Frost Bankers | 3.7% | 10% |
ABT | Abbott Labs | 3.6% | 12% |
EMR | Emerson | 3.2% | 10% |
AFL | AFLAC Inc. | 3.0% | 10% |
ADP | Automatic Data Processing | 2.8% | 11% |
MDT | Medtronic, Inc. | 2.6% | 10% |
OMC | Omnicom Group | 2.3% | 10% |
TROW | T. Rowe Price | 2.3% | 15% |
HCC | HCC Insurance | 2.2% | 14% |
STJ | St. Jude Medical | 2.2% | 13% |
PX | Praxair, Inc. | 2.0% | 14% |
TEVA | Teva Pharmaceuticals | 2.0% | 13% |
As with all of our recommendations, subscribers are asked to complete their own due diligence before making any purchase to determine the suitability of a stock for their personal portfolio. But this list may provide some ideas for those investors who are seeking a bit more current income at the expense of future growth.