7 Large Caps Paying Big Dividends, On The Way To 52-Week Highs

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 |  Includes: BCE, EPD, MO, NGG, PHI, RAI, VZ
by: Dividend Screen

Despite the recent economic crises there are still companies trading at all time highs and paying good dividends. I screened the capital markets by stocks with high dividends (a yield of more than 5 percent) that are close to their 52-Week Highs (up to 3 percent below 52-Week High). 66 high yield stocks were technical resistant against the recent sell-off. In order to eliminate the risk of low capitalized stocks, I screened only for stocks with a market capitalization of more than $10 billion. Seven stocks remained. These are the results sorted by dividend yield:

1. Philippine Long Distance Telephone (NYSE:PHI) operates within the foreign telecom services industry. The company has a market capitalization of $10.5 billion, generates revenues in an amount of $1.5 billion and has a net loss of $570.0 million. Its following Price/Earnings is not calculable, Price/Sales 6.8 and Price/Book ratio 4.7. Dividend Yield: 6.4 percent. The stock is 2.9 percent below its 52-Week High.

2. Altria Group (NYSE:MO) operates within the tobacco industry. The company has a market capitalization of $57.1 billion, generates revenues in an amount of $23.6 billion and a net income of $3.5 billion. Its following Price/Earnings is 16.6, Price/Sales 2.4 and Price/Book ratio 13.9. Dividend Yield: 5.9 percent. The stock is 1.3 percent below its 52-Week High.

3. National Grid (NYSE:NGG) operates within the gas utilities industry. The company has a market capitalization of $35.6 billion, generates revenues in an amount of $23.1 billion and a net income of $3.5 billion. Its following Price/Earnings is 10.0, Price/Sales 1.6 and Price/Book ratio 2.4. Dividend Yield: 5.8 percent. The stock is 2.0 percent below its 52-Week High.

4. Reynolds American (NYSE:RAI) operates within the tobacco industry. The company has a market capitalization of $22.7 billion, generates revenues in an amount of $8.5 billion and a net income of $1.3 billion. Its following Price/Earnings is 17.1, Price/Sales 2.7 and Price/Book ratio 3.4. Dividend Yield: 5.8 percent. The stock is 2.6 percent below its 52-Week High.

5. Enterprise Products Partners (NYSE:EPD) operates within the independent oil and gas industry. The company has a market capitalization of $39.4 billion, generates revenues in an amount of $42.3 billion and a net income of $1.5 billion. Its following Price/Earnings is 24.0, Price/Sales 0.9 and Price/Book ratio 3.5. Dividend Yield: 5.4 percent. The stock is 1.1 percent below its 52-Week High.

6. Verizon Communications (NYSE:VZ) operates within the domestic telecom services industry. The company has a market capitalization of $106.2 billion, generates revenues in an amount of $108.8 billion and a net income of $7.1 billion. Its following Price/Earnings is 15.1, Price/Sales 1.0 and Price/Book ratio 2.7. Dividend Yield: 5.3 percent. The stock is 0.9 percent below its 52-Week High.

7. BCE (NYSE:BCE) operates within the domestic telecom services industry. The company has a market capitalization of $30.6 billion, generates revenues in an amount of $18.7 billion and a net income of $2.0 billion. Its following Price/Earnings is 14.8, Price/Sales 1.6 and Price/Book ratio 2.3. Dividend Yield: 5.2 percent. The stock is 1.4 percent below its 52-Week High.

The average price to earnings ratio for this group of stocks amounts to 16.3 while the average forward price to earnings ratio amounts to 13.9. The average dividend yield is 5.7 percent. Price to book ratio is 4.6 and price to sales ratio 2.4. Stocks are traded 1.7 percent below 52-Week Highs. Click to enlarge:

Click to enlarge

Disclosure: I am long MO.