Dow High Yielders

 |  Includes: DD, MRK, PFE, T, VZ
by: Stockerblog

Income investors looking for large companies paying high yields don't have to look far. Twenty of the stocks in the Dow Jones Industrial Average pay yields of 2% or more, and five of them have yields of 4% and higher.

AT&T Inc. (NYSE:T), which is at the top of the list, has a yield of 6.4%, and carries a forward price to earnings ratio of 11. The company pays out over $9.9 billion in annual dividends which is extremely well covered by the company's operating cash flow of over $34 billion.

Verizon Communications Inc. (NYSE:VZ) yields 6.2%, and has a forward P/E ratio of 12. Verizon's dividend payouts of $5.6 billion are also very well covered by the $31.5 billion in operating cash flow.

E.I. du Pont de Nemours (NYSE:DD) pays a yield of 4.3% and has a forward P/E of 14.5.

Pfizer, Inc. (NYSE:PFE) has a yield of 4.2% with a forward P/E of 7.6.

Merck & Company, Inc. (NYSE:MRK) yields 4% and has a forward P/E of 10.

If you like high yield stocks, you should check out the lists of high yield electric utility stocks and high yield gas utility stocks at

Disclosure: Author owns T and PFE.