The 25 Highest-Yielding Dividend Stocks in March: Seadrill Ltd (SDRL), Boise Inc. (BZ), Windstream Corporation (WIN)

Page 1 of 2

Dividend investing is popular again. Investors have taken to heart Jeremy Siegel’s studies, which show that higher-yielding stocks tend to offer greater returns over time than low- or no-yield stocks.

The highest dividend yields can be very tantalizing. As long as a stock yielding 15% doesn’t lose value, you’ll make 15% in one year! In more cases than not, however, an astronomical yield is a bad sign for a stock. Since dividend yields and stock prices move in opposite directions, a high yield usually means that investors have begun to worry about the business and driven down its stock price.

Seadrill Ltd (NYSE:SDRL)However, certain types of companies such as REITs have to pay out most of their income as dividends, so their yields will be higher than “normal.” Dividends are not guaranteed; you need to make sure that a business is generating enough cash to pay its dividend, or your investment could be disastrous.

I ran a screen for the highest-yielding stocks, the only limitation I’ve set this time is that the dividend stocks must have a market cap greater than $500 million and must be a corporation, so no REITs or MLPs.

Here are the top 25 highest-yielding stocks the screen produced:

Company Name Market Cap (millions) Dividend Yield
1 BoiseBoise Inc. (NYSE:BZ) $860.3 13.80%
2 SeaDrill Seadrill Ltd (NYSE:SDRL) $17,629.6 12.00%
3 Windstream Corporation (NASDAQ:WIN) $5,125.4 11.50%
4 Pitney Bowes Inc. (NYSE:PBI) $2,750.4 11.10%
5 Great Lakes Dredge & Dock Corporation(NASDAQ:GLDD) $580.3 10.40%
6 RR Donnelley & Sons Co (NASDAQ:RRD) $1,900.8 10.10%
7 Vector Group Ltd (NYSE:VGR) $1,442.9 10.10%
8 Wynn Resorts, Limited (NASDAQ:WYNN) $11,700.5 9.87%
9 Ship Finance International Limited (NYSE:SFL) $1,410.9 9.53%
10 Frontier Communications Corp (NASDAQ:FTR) $4,092.9 9.52%
11 Consolidated Communications Holdings Inc (NASDAQ:CNSL) $664.2 9.39%
12 National Presto Industries Inc. (NYSE:NPK) $521.8 8.65%
13 PDL BioPharma Inc. (NASDAQ:PDLI) $977.1 8.60%
14 SouFun Holdings Limited (ADR) (NYSE:SFUN) $1,992.7 8.51%
15 First Financial Bancorp (NASDAQ:FFBC) $896.4 7.90%
16 New York Community Bancorp, Inc. (NYSE:NYCB) $5,909.6 7.41%
17  

 

 

Werner Enterprises, Inc. (NASDAQ:WERN)

 

$1,704.1 7.40%
18 Linn Energy LLC (NASDAQ:LINE) $1,349.4 7.37%
19 Costamare Inc (NYSE:CMRE) $1,214.0 7.05%
20 Capitol Federal Financial, Inc. (NASDAQ:CFFN) $1,813.3 6.89%
21 HCA Holdings Inc (NYSE:HCA) $16,386.9 6.82%
22 VimpelCom Ltd (NYSE:VIP) $19,611.6 6.77%
23 United Online, Inc (NASDAQ:UNTD) $549.6 6.77%
24 Exelon Corporation. (NYSE:EXC) $26,881.8 6.70%
25 Giant Interactive Group Inc (NYSE:GA) $1,550.4 6.69%

Source: S&P Capital IQ.

These stocks are a good place to start your research, but they’re not formal recommendations.

Let’s take a look at the top 3:

Boise Inc. (NYSE:BZ) is first with a trailing yield of 13.8%. Boise does not pay a regular dividend; 2012 was the third year in a row that the company paid a special dividend. In fact, in 2012 the company paid two special dividends: one of $0.48 per share and one of $0.72 per share. On the company’s most recent conference call, when asked about future dividends, Boise’s CEO reiterated the company’s track record of returning capital to shareholders but said he would not commit to anything until later in the year.  While Boise could indeed continue to pay out large dividends, if you are looking for regular dividends, pass on Boise Inc. (NYSE:BZ)

Seadrill Ltd (NYSE:SDRL) is second with a trailing yield of 12%. This is also artificially high as the company accelerated its fiscal fourth-quarter dividend to December, which normally would have been paid in March, to allow investors to get the lower tax rate on dividends, which expired at the beginning of 2013.

Page 1 of 2
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 Click to see monthly returns in table format!

Lists

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

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!