Dividend-News

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5 Dividend Stocks for Former BP Investors

Published Fri, 18 Jun 2010 09:27:12 -0400 on Seeking Alpha

Dividend investors have been dumping their BP stock for weeks now, given concerns that the dividend would be axed. Yesterday, BP (BP) officially suspended their dividend, confirming investor fears. Now ex-BP investors are looking for quality stocks to replace their lost dividend yields.Of course investors aren’t expecting to find stocks offering a 10.5% dividend yield like BP had until yesterday, but replacing BP’s dividend yield is not an easy task either. Consider BP stock before the Gulf rig explosion on April 20:... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
BP 38.06   14.7 2.59 2.44 6.66
ROYAL DUTCH SHELL A 68.62   27.1 2.59 3.76 5.35
GLAXOSMITHKLINE 39.05   42.4 0.92 1.92 4.86
NATIONAL GRID 51.18   0.0 0.00 2.10 4.08
UNILEVER 52.40   0.0 0.00 1.78 3.42
ASTRAZENECA 35.55   18.6 1.91 0.88 2.38