Use The Recent Drop In Stock Markets To Find Higher Yields

August 21st, 2007

Unless you’ve been hiding under a rock for the last two weeks, you know how choppy the markets have been with all the sub prime lending news. With the recent pull back of over 10% in the stock markets, now might be a great time to find some higher yielding dividend plays.

Let’s See Some Dividends

A quick search on Yahoo’s Stock Screener comes up with over 821 matches to stocks that now have a Dividend Yield over 5%. There are 206 stocks with over 10% yields! Let’s take a look at a few of the stocks with 5%+ dividend yields:

• Bank of America [NYSE: BAC] with 5.1%.
• Pfizer [NYSE: PFE] with 5%.
• Vodaphone [NYSE: VOD] with 5.8%.
• Southern Copper [NYSE: PCU] with 7.6%.
• Fording Canadian Coal [NYSE: FDG] with 8.4%.

A few of the 10%+ dividend yields available:

• Penn West Energy [NYSE: PWE] with 13.9%.
• Pengrowth Energy Trust [NYSE: PGH] with 16.9%.

I could go on and on as there are literally hundreds of stocks that are available with nice dividend yields. Every investment portfolio should include some dividend stocks as they are the key to retirement. What is the point of owning a company if you aren’t going to get some of the profits (without selling the stock)?

Entry Filed under: Dividends