The Top 100 Dividend Stocks: August 2011

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 |  Includes: ABT, AEE, AEP, AVP, AVY, BLK, BMS, BMY, CAG, CINF, CLX, CMS, CNP, COP, CPB, CTL, D, DD, DPS, DRI, DTE, DUK, ED, EIX, ES, ETR, EXC, FE, FII, FTR, GAS, GE, GIS, GPC, HAS, HCBK, HCN, HCP, HRB, INTC, IP, IRM, IWM, JNJ, K, KHC, KIM, KLAC, KMB, LEG, LLTC, LLY, LMT, LO, MAT, MCHP, MDLZ, MO, MOLX, MRK, MTB, NEE, NI, NOC, NUE, NYX, OKE, PAYX, PBCT, PBI, PCG, PCL, PEG, PEP, PFE, PG, PLD, PM, PNW, POM, PPL, PSA, RAI, RRD, RTN, SCG, SE, SO, SRE, SVU, SYY, T, TE, TEG, VZ, WEC, WIN, WRK, XEL
by: Intelligent Speculator

As the economy remains uncertain, it’s unclear how things will end up being fixed by the U.S. government. But one thing that does seem clear is that safer investing such as dividend investing is gaining a lot of ground. This makes it great timing to publish our monthly post about the top dividend stocks in the S&P500. It’s always a popular post, not only because of the list itself but also because of the fact that we start from that list when looking for high quality dividend stocks that help us build a passive income portfolio.

Over the past few months, we have looked at quite a few criteria that have helped us find the best dividend stocks including current yield, dividend growth and also companies that produce solid enough earnings to keep up the dividend payments. We summed it all up when we discussed the 20 things that we look for in dividend stocks.

Frontier Communications (NYSE:FTR) is once again at the top of our list and while it’s not clear how the stock will perform as a long term dividend play, what is clear is that many of these stocks are probably much better picks if you have a long term perspective. We will discuss how we filter through these in the coming weeks.

As we discussed this week, stocks in the communications sector were one of the two sectors that reduced dividends the most in the last quarter, a worrying sign for anyone invested in those stocks.

Hopefully this will help you when building your passive dividend portfolio.

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We will be filtering out the top 100 list to find the ones that fit all of these criteria! In the meantime, here is the list!

Ticker Name Price Dividend Yield Payout Ratio BDVD_NEXT_EST_EX_DT
FTR Frontier Communications Corp 7.49 10.01 346.75 2011/09/07
WIN Windstream Corp 12.21 8.19 150.63 2011/09/28
CTL CenturyLink Inc 37.11 7.81 92.65 2011/09/09
PBI Pitney Bowes Inc 21.55 6.87 97.09 2011/08/10
RAI Reynolds American Inc 35.2 6.02 81.34 2011/09/08
T AT&T Inc 29.26 5.88 52.32 2011/10/07
CINF Cincinnati Financial Corp 27.33 5.85 68.7 2011/09/14
MO Altria Group Inc 26.3 5.78 77.98 2011/09/13
POM Pepco Holdings Inc 18.68 5.78 173.38 2011/09/08
RRD RR Donnelley & Sons Co 18.81 5.53 96.71 2011/08/03
VZ Verizon Communications Inc 35.29 5.52 213.72 2011/10/05
HCN Health Care REIT Inc 52.78 5.42 554.64 2011/08/05
TEG Integrys Energy Group Inc 50.21 5.42 94.56 2011/08/29
DUK Duke Energy Corp 18.6 5.38 97.07 2011/08/10
AEE Ameren Corp 28.82 5.34 264.75 2011/09/06
PGN Progress Energy Inc 46.74 5.31 83.83 2011/10/07
HCP HCP Inc 36.73 5.23 198.62 2011/08/04
LLY Eli Lilly & Co 38.3 5.12 42.75 2011/08/11
PPL PPL Corp 27.9 5.02 63.35 2011/09/07
AEP American Electric Power Co Inc 36.86 4.99 68.04 2011/08/08
LEG Leggett & Platt Inc 21.7 4.98 87.94 2011/09/13
PBCT People's United Financial Inc 12.68 4.97 254.49 2011/10/28
ETR Entergy Corp 66.8 4.97 48.31 2011/08/09
PNW Pinnacle West Capital Corp 42.35 4.96 67.88 2011/10/27
SCG SCANA Corp 39.19 4.95 63.56 2011/09/07
FE FirstEnergy Corp 44.65 4.93 85.46 2011/08/03
LO Lorillard Inc 106.22 4.9 62.68 2011/08/30
SO Southern Co 39.54 4.78 75.75 2011/11/03
EXC Exelon Corp 44.07 4.76 54.31 2011/08/11
DTE DTE Energy Co 49.84 4.71 58.25 2011/09/15
TE TECO Energy Inc 18.53 4.64 73.1 2011/08/12
BMY Bristol-Myers Squibb Co 28.66 4.6 71.24 2011/09/28
NI NiSource Inc 20.13 4.57 86.8 2011/10/26
ED Consolidated Edison Inc 52.6 4.56 68.15 2011/08/15
FII Federated Investors Inc 21.37 4.49 127.68 2011/08/04
MRK Merck & Co Inc 34.13 4.45 549.36 2011/09/13
PCL Plum Creek Timber Co Inc 38.22 4.39 134.65 2011/08/12
PCG PG&E Corp 41.43 4.39 60.24 2011/09/28
PAYX Paychex Inc 28.23 4.39 87.09 2011/10/27
CMS CMS Energy Corp 19.14 4.39 43.38 2011/08/03
XEL Xcel Energy Inc 24 4.33 61.8 2011/09/20
WM Waste Management Inc 31.49 4.32 63.38 2011/09/08
KMB Kimberly-Clark Corp 65.36 4.28 58.87 2011/09/07
PEG Public Service Enterprise Group Inc 32.75 4.18 44.51 2011/09/07
PFE Pfizer Inc 19.24 4.16 72.18 2011/08/03
MCHP Microchip Technology Inc 33.75 4.1 59.84 2011/08/16
D Dominion Resources Inc/VA 48.45 4.07 36.37 2011/08/24
SVU SUPERVALU Inc 8.6 4.07 N/A 2011/08/30
CNP CenterPoint Energy Inc 19.58 4.03 72.35 2011/08/12
HRB H&R Block Inc 14.96 4.01 32.93 2011/09/14
NEE NextEra Energy Inc 55.25 3.98 41.93 2011/08/24
LMT Lockheed Martin Corp 75.73 3.96 36.64 2011/08/30
HCBK Hudson City Bancorp Inc 8.25 3.88 55.05 2011/08/03
SE Spectra Energy Corp 27.02 3.85 62.32 2011/08/10
RTN Raytheon Co 44.73 3.84 30.6 2011/10/05
SRE Sempra Energy 50.69 3.79 51.56 2011/09/27
KIM Kimco Realty Corp 19.03 3.79 361.29 2011/10/03
INTC Intel Corp 22.33 3.76 30.56 2011/08/03
ABT Abbott Laboratories 51.32 3.74 59.05 2011/10/14
NUE Nucor Corp 38.89 3.73 339.9 2011/09/28
COP ConocoPhillips 71.99 3.67 27.95 2011/10/27
HNZ HJ Heinz Co 52.64 3.65 58.23 2011/09/19
PM Philip Morris International Inc 71.17 3.6 61.77 2011/09/23
NYX NYSE Euronext 33.46 3.59 43.85 2011/09/13
CAG ConAgra Foods Inc 25.61 3.59 45.88 2011/10/26
IP International Paper Co 29.7 3.54 27.48 2011/08/11
KLAC KLA-Tencor Corp 39.82 3.52 21.05 2011/08/11
JNJ Johnson & Johnson 64.79 3.52 43.54 2011/08/26
AVP Avon Products Inc 26.23 3.51 63.71 2011/08/15
CPB Campbell Soup Co 33.05 3.51 44.08 2011/10/06
MAT Mattel Inc 26.66 3.45 42.53 2011/08/29
MOLX Molex Inc 23.48 3.41 137.89 2011/09/27
PG Procter & Gamble Co/The 61.49 3.41 48.84 2011/10/19
SYY Sysco Corp 30.59 3.4 49.64 2011/09/28
GAS Nicor Inc 54.7 3.4 61.42 2011/09/28
DPS Dr Pepper Snapple Group Inc 37.76 3.39 40.98 2011/09/15
WEC Wisconsin Energy Corp 30.65 3.39 41.15 2011/08/10
GPC Genuine Parts Co 53.16 3.38 54.45 2011/09/07
DRI Darden Restaurants Inc 50.8 3.38 36.83 2011/10/05
KFT Kraft Foods Inc 34.38 3.37 81.98 2011/09/27
EIX Edison International 38.07 3.36 32.91 2011/09/28
GE General Electric Co 17.91 3.35 42.29 2011/09/15
CLX Clorox Co 71.59 3.35 48.09 2011/10/25
NOC Northrop Grumman Corp 60.51 3.31 26.74 2011/08/25
LLTC Linear Technology Corp 29.3 3.28 38.15 2011/08/17
GIS General Mills Inc 37.35 3.27 40.56 2011/10/06
MTB M&T Bank Corp 86.24 3.25 48.21 2011/08/30
NU Northeast Utilities 34 3.24 46.84 2011/08/30
PEP PepsiCo Inc/NC 64.04 3.22 47.92 2011/08/31
MWV MeadWestvaco Corp 31.14 3.21 61.83 2011/11/22
DD EI du Pont de Nemours & Co 51.42 3.19 49.75 2011/08/11
PSA Public Storage 119.63 3.17 119.29 2011/09/13
AVY Avery Dennison Corp 31.55 3.17 27.99 2011/09/02
IRM Iron Mountain Inc 31.63 3.16 N/A 2011/09/28
PLD ProLogis Inc 35.63 3.15 N/A 2011/10/03
OKE Oneok Inc 72.79 3.08 57.84 2011/10/26
K Kellogg Co 55.78 3.08 46.83 2011/08/30
BLK BlackRock Inc 178.46 3.08 37.62 2011/08/31
BMS Bemis Co Inc 31.6 3.04 50.66 2011/08/17
HAS Hasbro Inc 39.56 3.03 35.19 2011/10/27
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