14 High Dividend Stocks Morgan Stanley Likes

Morgan Stanley is one of the best financial services company in the world. It has over $700 billion in assets under management and devotes significant resources to researching stocks and therefore understanding the market much better than most other investors. We believe that by focusing on Morgan Stanley’s best stock picks, especially defensive stocks with high dividend yields, investors are more likely to beat the market in the long term.

Below we compiled a list of 14 high dividend stocks Morgan Stanley likes. All companies have at least $10 billion market cap, dividend yield over 5%, and were in Morgan Stanley’s portfolio at the end of June.

RENAISSANCE TECHNOLOGIES

AT&T, Inc. (T): AT & T is a large telecommunications company providing telephone, internet and TV services. T has a dividend yield of 5.93% and Morgan Stanley invested $849 million in the stock. It has a market cap of $172B, a P/E ratio of 8.79, and returned 4.61% since the beginning of this year. Jim Simons had nearly $100 million invested in T shares.

Verizon Communications Inc. (VZ): Verizon is a provider of communications services. VZ has a dividend yield of 5.41% and Morgan Stanley invested $571 million in the stock. It has a market cap of $105B, a P/E ratio of 16.49, and returned 8.84% since the beginning of this year. Phill Gross and Robert Atchinson, and Jim Simons had over $100 million invested in VZ.

Altria Group Inc. (MO): Altria Group is the biggest cigarettes manufacturer in the world. MO has a dividend yield of 5.98% and Morgan Stanley invested $249 million in the stock. It has a market cap of $56.8B, a P/E ratio of 16.62, and returned 16.48% since the beginning of this year. Tom Russo had $187 million invested in MO shares.

Eli Lilly & Co. (LLY): Eli Lilly and Company discovers, develops, manufactures and sells pharmaceutical products. LLY has a dividend yield of 5.16% and Morgan Stanley invested $158 million in the stock. It has a market cap of $44.0B, a P/E ratio of 8.91, and returned 12.87% since the beginning of this year. Jim Simons invested $388 million in LLY stocks.

Enterprise Products Partners LP (EPD): Enterprise is a North American midstream energy company. EPD has a dividend yield of 5.73% and Morgan Stanley invested $214 million in the stock. It has a market cap of $37.44B, a P/E ratio of 27.25, and returned 7.16% since the beginning of this year. John Osterweis had $69 million invested in EPD.

Lockheed Martin Corporation (LMT): Lockheed Martin Corporation is a security company engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems and products. LMT has a dividend yield of 5.35% and Morgan Stanley invested $102 million in the stock. It has a market cap of $25.1B, a P/E ratio of 9.9, and returned 10.06% since the beginning of this year. Jean-Marie Eveillard had $278 million LMT stocks.

Kinder Morgan Energy Partners LP (KMP): KMP is a pipeline transportation and energy storage company in North America.KMP has a dividend yield of 6.12% and Morgan Stanley invested $78.5 million in the stock. It has a market cap of $24.8B, a P/E ratio of 129.55, and returned 12.05% since the beginning of this year. Michael Messner had $22 million invested in KMP.

Southern Copper Corp. (SCCO): SCC is an integrated copper producer. SCCO has a dividend yield of 7.98% and Morgan Stanley invested $50.1 million in the stock. It has a market cap of $23.2B, a P/E ratio of 11.68, and lost 40.91% since the beginning of this year. Jim Simons had $56 million invested in SCCO.

Reynolds American Inc. (RAI): Reynolds American produces cigarettes and smokeless tobacco products. RAI has a dividend yield of 5.43% and Morgan Stanley invested $51.5 million in the stock. It has a market cap of $22.8B, a P/E ratio of 16.97, and returned 25.01% since the beginning of this year. David Winters and Jim Simons both had over $40 million invested in RAI.

CenturyLink, Inc. (CTL): CenturyLink is an integrated communications company. CTL has a dividend yield of 8.45% and Morgan Stanley invested $230 million in the stock. It has a market cap of $21.2B, a P/E ratio of 14.55, and lost 21.51% since the beginning of this year. Phill Gross and Robert Atchinson invested $111 million in CTL. Steven Cohen also had over $100 million invested in the stock.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

On the Move: The 10 Fastest Growing Businesses in 2015

Fast Money: The 10 Highest Paying Fast Food Restaurants

Mixing It Up: The 14 Best Music Mashups of 2014

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!