Below is a list of 12 stocks yielding more then 3% with a dividend payout ratio less than 70% as of the close on February 24th. In addition, I required the stocks have a recent history of rising dividends. I looked for Dividend Percent Change, Year Over Year (%) > 10, Dividend Growth Rate, 3 Years (%) > 15, Dividend, 5 Year Growth Rate (%) > 20. The screen was done using stockscreen123. The list includes some familiar names such as Lockheed Martin (NYSE:LMT), China Mobile (NYSE:CHL), and McDonald's (NYSE:MCD).
There are also some small cap names which may fly under the radar such as Life Partners (NASDAQ:LPHI), with a market cap of around $300 million. Taking a closer look at LPHI on Finviz, it has 0 long term debt and a PEG of .80 with a history of high returns on equity and investment. It is engaged in the secondary market of 'life settlements' which involves purchasing life insurance policies at a discount to their face value for investment purposes. LPHI receives a fee for facilitating these transactions. A copy of this size could carry additional risks, so I always try to have a stop loss or trading strategy in place prior to purchasing any security.
|Ticker||Name||Last||Trend||Yield||Div5Y Cgr%||Pay Ratio|
|CHL||China Mobile Ltd. (ADR)||49.45||Here||3.57||44.75||42.88|
|HCBK||Hudson City Bancorp, Inc.||13.31||Here||4.53||22.03||58.92|
|LLTC||Linear Technology Corporation||27.61||Here||3.4||25.16||62.1|
|LMT||Lockheed Martin Corporation||77.56||Here||3.28||20.79||30.03|
|LPHI||Life Partners Holdings, Inc.||20.15||Here||4.99||26.48||13.54|
|MSA||Mine Safety Appliances||24.74||Here||3.9||29.31||47.76|
|SAFT||Safety Insurance Group, Inc.||37.1||Here||4.35||36.31||37.03|
|TEF||Telefonica S.A. (ADR)||69.21||Here||6.48||31.95||61.22|
|TNP||Tsakos Energy Navigation Ltd.||14.83||Here||4.05||38.75||33.13|