Ten High Yield, Debt-Free Stocks

With the extreme market volatility that has been taking place lately, investors are looking toward high yield stocks, so they have income coming in while waiting for their stocks to appreciate. In addition, investors prefer companies with no debt for additional safety.

Combine those two features together, and look for the stocks with low P/E ratios and low PEG ratios and you get the following list:

• United Online, Inc. (UNTD) is an Internet and media services companies which owns the NetZero and Juno brands. The stock has a P/E of 10, a PEG ratio of 0.86, and pays a yield of 9.84%.
• Williams Pipeline Partners L.P. (WMZ) is a natural gas transportation and storage company. The stock has a P/E of 2, a PEG ratio of 0.24, and pays a yield of 9.29%.
• Pioneer Southwest Energy Partners L.P. (PSE) owns oil and gas properties. The stock has a P/E of 5, a PEG ratio of 0.68, and pays a yield of 8.56%.
• Starlims Technologies Limited (LIMS) creates and markets laboratory information management systems software solutions. The stock has a P/E of 9, a PEG ratio of 0.60, and pays a yield of 7.17%.
• NutriSystem Inc. (NTRI) is a provider of weight management and fitness products and services. The stock has a P/E of 6, a PEG ratio of 0.34, and pays a yield of 5.86%.
• Maxim Integrated Products Inc. (MXIM) makes and sells linear and mixed-signal integrated circuits. The stock has a P/E of 14, a PEG ratio of 0.92, and pays a yield of 5.71%.
• Electro Rent Corporation (ELRC) rents, leases, and sells electronic equipment. The stock has a P/E of 15, a PEG ratio of 0.99, and pays a yield of 5.22%.
• Patterson-UTI Energy, Inc. (PTEN) is a provider of onshore contract drilling services. The stock has a P/E of 6, a PEG ratio of 0.57, and pays a yield of 5.10%.
• Christopher & Banks Corporation (CBK) designs and markets women's apparel. The stock has a P/E of 12, a PEG ratio of 0.88, and pays a yield of 4.67%.
• Safety Insurance Group, Inc. (SAFT) is a provider of automobile insurance in Massachusetts. The stock has a P/E of 7, a PEG ratio of 0.49, and pays a yield of 4.36%.

Disclosure: Author owns UNTD.

Comments

[k45:]

I have doubts about UNTD since it's dividend is greater than it's earnings! Makes me distrust the entire article.

2008 Oct 21 07:47 PM

[Mustang77:]

Hmm, looks like the dividend is about half of the earlings when I look at UNTD's quote. The dividend is .40 while EPS is .79.


On Oct 21 07:47 PM k45 wrote:

> I have doubts about UNTD since it's dividend is greater than it's
> earnings! Makes me distrust the entire article.

Jan 18 01:11 PM