7 Dividend Stocks Bucking the Down-Trend

by: Trade Radar Operator

Markets have been dismal lately but it's reassuring to know there are still some stocks that are able to flourish in this bearish environment.

Here is a list of stocks from the TradingStockAlerts Free Stock Screener that are exhibiting strong bullish trends and offer a dividend yield over 2%.

Symbol Name Last Price Sector Industry
BFR BBVA Banco Frances S.A. $9.79 Finance Commercial Banks
BOBE Bob Evans Farms, Inc. $33.76 Consumer Services Restaurants
CATO Cato Corporation (The) $27.43 Consumer Services Clothing/Shoe/Accessory Stores
CHT Chunghwa Telecom Co Ltd $34.13 Public Utilities Telecommunications Equipment
ELRC Electro Rent Corporation $16.16 Technology Diversified Commercial Services
KOF Coca Cola Femsa S.A.B. de C.V. $87.57 Consumer Non-Durables Beverages (Production/Distribution)
TNH Terra Nitrogen Company, L.P. $122.75 Basic Industries Agricultural Chemicals

It's surprising to see a French bank on the list with all the fear surrounding European banks that might be exposed to Greek debt but with a 7.35% yield investors seem willing to risk catching a touch of the Greek contagion.

Another stock I'd like to call your attention to is Terra Nitrogen Company (NYSE:TNH) which is providing a forward dividend yield of 14.6% while sporting a PE of less than 8. Indeed, fundamentals across the board look pretty good. This stock could well be worth a look.

Looking more modest but still showing very conservative and solidly positive fundamentals is Cato Corporation (NYSE:CATO). It's hard to find much wrong with the numbers on this company and the dividend of 3.3% is still reasonably attractive.

These seven stocks are successfully bucking the stock market down-trend while offering nice dividends. Perhaps one of them is right for your portfolio.

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