3 Defensive Dividend Stocks That Outperformed The Summer Market Correction

Includes: CLCT, SGC, SO
by: Double Dividend Stocks

If you're trying to find some defensive dividend paying stocks that beat the market during the recent correction, check out the price performance data on these 3 dividend stocks :

(Click charts to expand)

These dividend stocks all had lower drawdowns than the S&P. Shares of Collectors Universe, Inc. (CLCT) actually gained, because of its gold correlation, and were higher as of the 9/2/11 close than they were on July 7, when the correction started. Superior Uniform Group, Inc. (SGC) is a thinly traded stock, with an avg. volume of approx. 3000 shares/day. Southern Company (SO) is in the defensive Utilities sector, which is the leading sector for 2011.

Here's the info on dividends for this group:

Due to their attractive dividend yields, all of these stocks are listed in our High Dividend Stocks by Sector Tables.

We've also listed Southern Co. in bot
h our Covered Calls Table and our Put Selling Table, due to its fairly high options yields.

Financial Metrics:

CLCT just completed its fiscal year on June 30, 2011. The figure below is adjusted for a non-cash impairment charge, and one-time deferred tax benefits/charges.

Disclosure: I am long SGC, CLCT.

Disclaimer: This article is written for informational purposes and isn't intended as individual investment advice.