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3 Dividend Stocks To Buy, 2 To Avoid
Published Thu, 26 Jul 2012 13:39:44 -0400 on Seeking Alpha
The market currently offers high yield dividend stocks. Some have high risks and others have ample upside for capital gains and income. One has to dig a little deeper, but the opportunities are plenty. The Treasury Bond has forced conservative investors to dive into the crowded telecom and utility sectors. These two sectors are a proxy for the former Treasury Bond market. I will address 3 dividend stocks to buy and 2 to avoid.
1. Eaton Vance Risk Managed Divers (ETJ)
Eaton Vance Risk Managed Divers is a closed end fund. The fund trades at a 13.54% discount to net asset value (NAV). The yield is 10.86%. The business model focuses upon owning dividend stocks, selling covered calls, and implementing option strategies to create income. An investor is buying $1.00 worth of assets for 86.46 cents. This is considered a bargain if the discount to net asset value can decrease.... Read more
| Stock name | Last trade | P/E | Earnings/Share | Dividend/Share | Dividend yield | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GABELLI GLOBAL GOLD NAT RES & INC TRUST | 4.44 | 0.0 | 0.00 | 0.00 | 13.48 | |||||||
| EATON VANCE RISK-MANAGED DIV EQUITY INCOME FUND | 9.40 | 0.0 | 0.00 | 0.00 | 9.73 | |||||||
| DNP SELECT INCOME FUND | 12.79 | 0.0 | 0.00 | 0.78 | 6.07 | |||||||
| MAIN STREET CAPITAL | 43.18 | 16.8 | 2.57 | 2.46 | 5.69 | |||||||
| SOUTHERN COMPANY | 59.99 | 14.0 | 4.28 | 2.48 | 4.19 |