12 High-Yield, Low-Payout Dividend Stocks

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 |  Includes: AT, AVA, D, DPL, EGAS, EXC, FE, GAS, HNP, NWE, PEG, UNS, XLU
by: Scott's Investments

Low fixed income yields continue to frustrate income investors. For those wanting higher yields and willing to take additional risk, utilities are one sector worth consideration as part of an overall portfolio strategy. Utilities tend to be lower growth, lower volatility stocks compared to other sectors. The simplest option for exposure to utilities is XLU, the Utilities SPDR ETF which currently yields 3.98%.

Using Finviz I screened the utility sector for stocks yielding over 4% with payout ratios below 60%. I previously performed a similar screen last December here which if held until today would have returned 4.74% excluding any dividends versus 2.47% for XLU.

I also listed each stock's beta and the percentage it is above/low its respective 200 day simple moving average. I tend to look for stocks with positive price trend, the 200 day SMA is one simple way to gauge the long term price trend. Beta gauges the volatility of a security in comparison to the market as a whole. A beta of less than 1 indicates a security has been less volatile than the market as a whole. As you can see, each stock has a beta under 1.

EGAS ($69 million) has a relatively small market capitalization, so liquidity should be considered before entering a position.

Ticker Company Trend P/E Dividend Yield Payout Ratio Beta 200-Day SMA Price
AGL AGL Resources Inc. Here 13.03 4.53% 54.98% 0.48 4.95% 38.83
AT Atlantic Power Corporation Here 5.01 8.18% 18.75% 0.77 9.08% 13.33
AVA Avista Corp. Here 14 4.67% 59.82% 0.74 4.85% 21.42
D Dominion Resources, Inc. Here 9.76 4.18% 39.95% 0.56 7.21% 43.82
DPL DPL Inc. Here 12.34 4.54% 55.54% 0.61 2.71% 26.65
EGAS Gas Natural Inc. Here 7.16 4.72% 34.37% 6.80% 11.45
EXC Exelon Corp. Here 10.71 5.13% 54.88% 0.63 -2.43% 40.93
FE FirstEnergy Corp. Here 12.42 6.07% 56.39% 0.53 -3.66% 36.26
HNP Huaneng Power International Inc. Here 9.13 5.41% 50.72% 0.7 -1.20% 22.73
NWE Northwestern Corp. Here 12.62 4.62% 57.09% 0.72 9.59% 29.41
PEG Public Service Enterprise Group Inc. Here 10.66 4.20% 44.01% 0.53 3.18% 32.63
UNS Unisource Energy Corp. Here 11.9 4.52% 44.25% 0.74 9.44%
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Disclosure: No positions