Sunday , 21 July 2024

These are the Top 10 Stocks Based on Yield and Payout Ratio


[I have identified] 248 stocks with histories of 10+ years of raising dividends…[and] ranked the yields and payout ratios of [each]…to create an average overall rank for each stock. [Here are the top 10 on the list.] Words: 325

So says Scott’s Investments (  in excerpts from an article* which Lorimer Wilson, editor of  (It’s all about Money!), has further edited ([  ]), abridged (…) and  reformatted below  for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.  The article goes on to say:

The top 10 stocks based on yield and payout rank are listed below [and should] valuable to investors seeking companies with a commitment to paying dividends, high yield, and dividend sustainability/margin of safety. In addition, stocks were required to have projected forward earnings, which potentially eliminates stocks with dividend growth at immediate risk [such as] Universal (UVV) which would have ranked #4 on the list with its healthy 5.14% yield and low payout ratio of 32% but has no projected forward earnings and earnings growth is projected to decline next year…

Company Symbol Yield Yield Rank Payout Ratio Payout Rank Yield / Payout Rank Forward P/E
PartnerRe Limited PRE 3.53% 77 19% 26 1 8.25
Republic Bancorp KY RBCAA 3.23% 98 13% 13 2 4.71
Chesapeake Financial Shares CPKF.PK 3.93% 60 26% 59 3 6.22
ConocoPhillips COP 3.62% 74 28% 70 4 8.21
Meredith Corp. MDP 3.27% 96 27% 64 5 11.56
NACCO Industries NC 2.34% 148 13% 13 6 6.33
Sunoco Logistics Partners LP SXL 5.70% 18 49% 144 7 15.06
Chubb Corp. CB 2.54% 133 20% 30 8 10.5
AT&T Inc. T 5.60% 22 50% 145 9 12.09
Teche Holding Co. TSH 4.15% 51 42% 120 10 9.01

(Note: Data was sourced DRIP Investing, MSN, and Finviz. Always conduct your own research as statistical anomalies can exist, especially in instances of short-term earnings fluctuations skewing payout ratio.)

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Editor’s Note:

  • The above article consists of reformatted edited excerpts from the original for the sake of brevity, clarity and to ensure a fast and easy read. The author’s views and conclusions are unaltered.
  • Permission to reprint in whole or in part is gladly granted, provided full credit is given as per paragraph 2 above.