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3 S&P 500 High-Dividend Stocks, Up To 8% Yields, 4 Tax-Deferred, High-Yield Trades - No K-1s

Published Sat, 27 Apr 2019 09:15:00 -0400 on Seeking Alpha

We recently wrote an article about the Dogs Of The Dow, but what about the S&P 500, a broader index? Aren't there some S&P dividend stocks, which, for one reason or another, find themselves among the highest yielding stocks in that index?
We found three such high dividend stocks, two in the tech sector - Iron Mountain (IRM), Seagate Technology (STX), and one telecom - AT&T (T). STX has the highest yield in this trio, at 8.23%, followed by IRM, at 7.57%, with T bringing up the rear, at 4.56%.
To put this into perspective, the current yield of the S&P 500 is ~1.87%.
Performance:
Looking at the year-to-date performance of this trio shows STX actually outperforming the S&P, whereas IRM, nearly flat, and T, up 6.3%, have both lagged the index.
But go back a bit further, over the past year, and you can see that all three have lagged the S&P by a wide margin, with STX down the most, -20.94%, followed by T, - 13.3%, and IRM - 3.29%, while the index gained 9.46% over the past year:
Analysts' Price Targets:
The spread between their current prices and analysts' consensus price targets shows IRM with the widest margin of 17.45%, followed by T, at 10.55%, whereas STX is right around its $44.79 price target.
T already reported Q1 earnings this week, and is down ~-4.6% since then, with EPS ~in line with analysts' estimates, but revenue lower than estimates.
IRM also reported Q1 earnings this week, and missed adjusted funds from... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
IRON MOUNTAIN 31.62   26.1 1.21 2.44 7.73
AT&T 32.14   12.0 2.68 2.04 6.29
SEAGATE TECH 43.19   8.4 5.14 2.52 5.64

IRON MOUNTAIN - IRM
IRON MOUNTAIN - IRM  


Older articles featuring Iron Mountain (IRM):
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