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The following is a list of high yield dividend stocks. All of these stocks have conservative accounting practices, according to the ratings developed by forensic accounting firm Audit Integrity.

Audit Integrity was founded in 2002 to develop risk management tools based on a statistical analysis of corporate integrity. The Accounting and Governance Risk (AGR) rating is a forensic measure of the transparency and reliability of a corporation’s financial reporting and governance practices. The closer the score is to 100, the more conservative the company's accounting practices, according to Audit Integrity.

All the companies in this list have high AGR scores above 85, i.e. more conservative and transparent accounting practices than most other firms.

This list might offer an interesting starting point for income-oriented investors. Full details below.

Short float values sourced from Finviz, AGR ratings sourced from Audit Integrity.

Interactive Chart: Press Play to compare changes in market cap for the top six names mentioned below. Note: The numbers on top of items represent the forward P/E ratio, if available.


The list has been sorted by the AGR score.

1. Boardwalk Pipeline Partners, LP (NYSE:BWP): Oil & Gas Pipelines Industry. Market cap of $6.17B. Dividend yield at 6.4%. According to Audit Integrity, the company has Conservative accounting practices, with an AGR score of 90. Short float at 0.23%, which implies a short ratio of 1.37 days. The stock has gained 10.86% over the last year.

2. Ameren Corporation (NYSE:AEE): Diversified Utilities Industry. Market cap of $6.83B. Dividend yield at 5.4%. According to Audit Integrity, the company has Average accounting and governance risk, with an AGR score of 70. Short float at 3.21%, which implies a short ratio of 4.11 days. The stock has gained 11.12% over the last year.

3. Cincinnati Financial Corp. (NASDAQ:CINF):
Property & Casualty Insurance Industry. Market cap of $5.16B. Dividend yield at 5.0%. According to Audit Integrity, the company has Conservative accounting practices, with an AGR score of 100. Short float at 10.11%, which implies a short ratio of 14.8 days. The stock has gained 23.85% over the last year.

4. Hudson City Bancorp, Inc. (NASDAQ:HCBK): Savings & Loans Industry. Market cap of $6.34B. Dividend yield at 5.0%. According to Audit Integrity, the company has Conservative accounting practices, with an AGR score of 90. Short float at 2.4%, which implies a short ratio of 2.15 days. The stock has lost -8.3% over the last year.

5. Sun Life Financial Inc. (NYSE:SLF)
: Life Insurance Industry. Market cap of $17.89B. Dividend yield at 4.5%. According to Audit Integrity, the company has Average accounting and governance risk, with an AGR score of 83. Short float at 0.37%, which implies a short ratio of 5.24 days. The stock has gained 5.5% over the last year.

6. Qwest Communications International Inc. (NYSE:Q)
: Telecom Services Industry. Market cap of $12.43B. Dividend yield at 4.5%. According to Audit Integrity, the company has Conservative accounting practices, with an AGR score of 87. Short float at 1%, which implies a short ratio of 0.72 days. The stock has gained 69.36% over the last year.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Source: 6 High Yield Dividend Stocks With Conservative Accounting Practices