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High Yield Dividend Stocks To Consider For April 2019

Published Mon, 08 Apr 2019 10:15:15 -0400 on Seeking Alpha

The S&P is up 15.39% year-to-date (as of 4/5/19) and investors are slowly starting to forget the woes of 2018. After an excellent quarter you may think that fairly valued opportunities are thinning out. However here are ten high yielding stocks worth a closer look.

Source: self-prepared by the author
Before we dig deeper into what I think are the top 5 stocks from this list, here is a brief explanation of the methodology. The undervalued percentage was computed using a combination of dividend yield theory and normal PE ratio. The forward return is a combination of dividend yield, analyst forecast growth and PE contraction or expansion. Additionally the forward return is an estimation of a long term (5-10 year) annualized return. The price and dividend yield are as of market close on 4/5/19. More importantly, these valuations rely on assumptions and therefore should be viewed as such.
Valero Energy Corporation
Valero (VLO) has increased their dividends for the last 8 years. VLO began increasing their dividends in the early 2000's until the financial crisis hit. Unfortunately, in 2010 they had to cut their dividend but shortly thereafter resumed increases. Their growth since 2010 has been quite fast, the 5-year annualized growth rate peaked in the low 50% range and currently sits just above 30%. Of course these growth rates are inflated due to the dividend cut, either way long term investors that held or initiated new positions have been rewarded handsomely.... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ALTRIA GROUP 50.53   15.4 3.28 3.20 6.47
VALERO ENERGY 83.35   12.7 6.55 3.60 4.28
PRUDENTIAL FINANCIAL 101.44   11.8 8.57 4.00 3.92
PRINCIPAL FINANCIAL GROUP 59.70   10.8 5.53 2.16 3.66

ALTRIA GROUP - MO
ALTRIA GROUP - MO  


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A Real Dividend Growth Machine: 2019 Mid-Year Portfolio Review
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