When you screen for high yielding stocks, Admiral Group plc (OTCPK:AMIGF) might not pop up. Google believes it has a yield of 5.5% and so does even the UK based Financial Times stock screener. Seeking Alpha is more precise: it has the correct 7.62% yield.
Quite often, when you discover yields like this, growth prospects are bad. Sometimes companies pay out all their earnings because they do not invest in growth (and maybe have no possibility to do so). Yet this is not the case with Admiral: its shareholders have seen EPS rise at a CAGR of 15.62% over the past seven years, have enjoyed high payouts and even a fast rising book value per share:
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