Defensive investors like high dividend stocks since they believe these stocks can protect them from potential inflation. Jim Cramer has been consistently recommending high dividend stocks since the beginning of August. Below we prepared a list of 12 high dividend stocks that pay fat dividend checks and have been recommended on Jim Cramer’s Mad Money recently. All companies on this list have dividend yield of at least 4%.
1. AT&T (T): AT&T is a huge telecommunication services company operating worldwide. Cramer likes T because it has a 6% dividend yield. T recently traded at $28.52 and gained 4.8% during the last 12 months. The stock has a market cap of $169 billion, Total Debt / Equity ratio of 0.58 and P/E ratio of 8.6. The stock also had a 17.77% EPS growth in the last five years. Legendary investor Jim Simons is also very bullish about T. Simons increased his T holdings by 170% during the last quarter. Simons held more than three million shares of T at the end of June.
2. Philip Morris International (PM): Philip Morris International manufactures and sells cigarettes and other tobacco products. PM recently traded at $62.38 and has a 4.94% dividend yield. PM gained 17.15% during the last 12 months. The stock has a market cap of $109.6 billion, Total Debt / Equity ratio of 4.61 and P/E ratio of 14.3. The stock also had an 8.06% EPS growth in the last five years.
3. Altria (MO): Altria Group manufactures and sells cigarettes, smokeless products, and wine worldwide. MO recently traded at $26.81 and has a 6.12% dividend yield. MO gained 19.69% during the last 12 months. The stock has a market cap of $55.5 billion, Total Debt / Equity ratio of 2.95 and P/E ratio of 16.3. The stock also had a -13.7% EPS growth in the last five years.
4. Enterprise Products Partners (EPD): Enterprise Products Partners provides midstream energy services in North America. EPD recently traded at $40.15 and has a 6.03% dividend yield. EPD gained 5.94% during the last 12 months. The stock has a market cap of $35.1 billion, Total Debt / Equity ratio of 1.27 and P/E ratio of 25.6. The stock also had a 4.57% EPS growth in the last five years.
5. Exelon (EXC): Exelon Corporation is a utility services holding company operating in the United States. EXC recently traded at $42.61 and has a 4.93% dividend yield. EXC gained 4.16% during the last 12 months. The stock has a market cap of $28.2 billion, Total Debt / Equity ratio of 0.97 and P/E ratio of 10.7. The stock also had a 22.41% EPS growth in the last five years. SAC Capital Advisors initiated a more than $50 million position in EXC during the most recent quarter.
6. Southern Copper (SCCO): Southern Copper Corporation operates mining, smelting, and refining mineral properties in South America. SCCO recently traded at $24.99 and has a 8.76% dividend yield. SCCO lost 26.22% during the last 12 months. The stock has a market cap of $21.1 billion, Total Debt / Equity ratio of 0.69 and P/E ratio of 10.6. The stock also had a 2.9% EPS growth in the last five years.
7. Kinder Morgan Energy Part (KMP): Kinder Morgan Energy Partners provides energy transportation and storage services. KMP recently traded at $68.38 and has a 6.73% dividend yield. KMP gained 5.48% during the last 12 months. The stock has a market cap of $22.5 billion, Total Debt / Equity ratio of 1.5 and P/E ratio of 117.9. The stock also had a -2.3% EPS growth in the last five years.
8. CenturyLink (CTL): CenturyLink is an integrated communications company. CTL recently traded at $33.12 and has a 8.76% dividend yield. CTL lost 10.63% during the last 12 months. The stock has a market cap of $20.4 billion, Total Debt / Equity ratio of 0.99 and P/E ratio of 14. The stock also had a 4.75% EPS growth in the last five years.
9. International Paper (IP): International Paper Company is a paper and packaging company operating worldwide. IP recently traded at $23.25 and has a 4.52% dividend yield. IP gained 7.19% during the last 12 months. The stock has a market cap of $10.2 billion, Total Debt / Equity ratio of 1.1 and P/E ratio of 8.2. The stock also had a 1.16% EPS growth in the last five years.
10. Paychex (PAYX): Paychex provides payroll and various solutions for small to medium sized companies. Currently Paychex has 564,000 business customers. In a recent Mad Money’s executive decision segment, Cramer spoke with Martin Mucci (president and CEO of Paychex). Mucci stated that the number of paychecks per client continues to increase, and the company achieved an increase of 2% compared with a year ago. PAYX recently traded at $26.37 and has a 4.7% dividend yield. PAYX gained 0.76% during the last 12 months. The stock has a market cap of $9.6 billion, Total Debt / Equity ratio of 0 and P/E ratio of 18.6. The stock also had a 3.13% EPS growth in the last five years.
11. El Paso Pipeline Partners (EPB): El Paso Pipeline Partners manages natural gas transportation pipelines and storage assets in the United States. EPB recently traded at $35.47 and has a 5.41% dividend yield. EPB gained 16.14% during the last 12 months. The stock has a market cap of $7.4 billion, Total Debt / Equity ratio of 1.99 and P/E ratio of 17.9. The stock also had a 23.14% EPS growth in the last five years.
12. Linn Energy (LINE): Linn Energy is an independent oil and natural gas company operating in the United States. LINE recently traded at $35.66 and has a 7.74% dividend yield. LINE gained 18.91% during the last 12 months. The stock has a market cap of $6.3 billion and Total Debt / Equity ratio of 1.02. The stock also had a 1.63% EPS growth in the last five years.
The market data was sourced from Finviz.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
