Interested in stocks paying dividend income? Here are some ideas to get started on your search.
We ran a screen on stocks paying dividend yields above 1% and sustainable payout ratios below 50% for those that have outperformed greatly over the last month, with greater than 20% returns.
We then screened for those with positive trends in accounts receivable, with growth in revenue year-over-year outpacing change in accounts receivable. We also screened for receivables becoming a smaller portion of current assets - another positive trend.
Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.
Do you think these stocks pay reliable dividend yields? Use this list as a starting point for your own analysis.
List sorted by dividend yield.
1. Grupo Aeroportuario Del Sureste SA de CV (ASR): Holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. Dividend yield at 3.75%, payout ratio at 48.36%. Performance over the last month at 21.65%. Revenue grew by 9.78% during the most recent quarter ($1,048.98M vs. $955.51M y/y). Accounts receivable grew by 2.31% during the same time period ($1,584.23M vs. $1,548.42M y/y). Receivables, as a percentage of current assets, decreased from 50.17% to 47.64% during the most recent quarter (comparing 3 months ending 2011-09-30 to 3 months ending 2010-09-30).
2. Autoliv, Inc. (ALV): Develops, manufactures, and supplies automotive safety systems to automotive industry. Dividend yield at 2.77%, payout ratio at 24.02%. Performance over the last month at 21.35%. Revenue grew by 15.89% during the most recent quarter ($2,017.6M vs. $1,740.9M y/y). Accounts receivable grew by 5.14% during the same time period ($1,527.8M vs. $1,453.1M y/y). Receivables, as a percentage of current assets, decreased from 54.39% to 51.91% during the most recent quarter (comparing 3 months ending 2011-09-30 to 3 months ending 2010-09-30).
3. A. Schulman, Inc. (SHLM): Dividend yield at 2.67%, payout ratio at 43.03%. Performance over the last month at 21.27%. Revenue grew by 4.42% during the most recent quarter ($517.29M vs. $495.38M y/y). Accounts receivable grew by 0.39% during the same time period ($308.85M vs. $307.64M y/y). Receivables, as a percentage of current assets, decreased from 45.16% to 42.9% during the most recent quarter (comparing 3 months ending 2011-11-30 to 3 months ending 2010-11-30).
4. Kronos Worldwide Inc. (KRO): Engages in the production and marketing of titanium dioxide pigments in North America and Europe. Dividend yield at 2.51%, payout ratio at 44.81%. Performance over the last month at 32.76%. Revenue grew by 45.51% during the most recent quarter ($548M vs. $376.6M y/y). Accounts receivable grew by 31.21% during the same time period ($333.4M vs. $254.1M y/y). Receivables, as a percentage of current assets, decreased from 44.69% to 39.67% during the most recent quarter (comparing 3 months ending 2011-09-30 to 3 months ending 2010-09-30).
5. Steel Dynamics Inc. (STLD): Engages in the manufacture and sale of steel products in the United States. Dividend yield at 2.46%, payout ratio at 31.44%. Performance over the last month at 23.65%. Revenue grew by 21.61% during the most recent quarter ($1,858.35M vs. $1,528.13M y/y). Accounts receivable grew by 12.13% during the same time period ($739.51M vs. $659.5M y/y). Receivables, as a percentage of current assets, decreased from 32.98% to 30.12% during the most recent quarter (comparing 3 months ending 2011-12-31 to 3 months ending 2010-12-31).
6. Methanex Corp. (MEOH): Engages in the production, marketing, and sale of methanol. Dividend yield at 2.42%, payout ratio at 30.75%. Performance over the last month at 22.92%. Revenue grew by 22.12% during the most recent quarter ($696.5M vs. $570.34M y/y). Accounts receivable grew by 18.25% during the same time period ($378.43M vs. $320.03M y/y). Receivables, as a percentage of current assets, decreased from 41.54% to 36.58% during the most recent quarter (comparing 3 months ending 2011-12-31 to 3 months ending 2010-12-31).
7. Teck Resources Limited (TCK): Operates as a diversified mining, mineral processing, and metallurgical company. Dividend yield at 1.85%, payout ratio at 12.04%. Performance over the last month at 20.32%. Revenue grew by 40.02% during the most recent quarter ($3,380M vs. $2,414M y/y). Accounts receivable grew by 17.69% during the same time period ($1,437M vs. $1,221M y/y). Receivables, as a percentage of current assets, decreased from 32.22% to 19.54% during the most recent quarter (comparing 3 months ending 2011-09-30 to 3 months ending 2010-09-30).
8. Cascade Corp. (CASC): Manufactures loading devices and replacement parts primarily for the lift-truck and construction industry. Dividend yield at 1.73%, payout ratio at 15.47%. Performance over the last month at 22.68%. Revenue grew by 28.53% during the most recent quarter ($138.02M vs. $107.38M y/y). Accounts receivable grew by 15.26% during the same time period ($85.37M vs. $74.07M y/y). Receivables, as a percentage of current assets, decreased from 38.9% to 38.72% during the most recent quarter (comparing 3 months ending 2011-10-31 to 3 months ending 2010-10-31).
9. Cameco Corp. (CCJ): Operates as a uranium producer, supplier of conversion services, and fuel manufacturer. Dividend yield at 1.67%, payout ratio at 37.33%. Performance over the last month at 30.08%. Revenue grew by 25.62% during the most recent quarter ($526.95M vs. $419.48M y/y). Accounts receivable grew by -18.27% during the same time period ($362.91M vs. $444.06M y/y). Receivables, as a percentage of current assets, decreased from 18.5% to 14.82% during the most recent quarter (comparing 3 months ending 2011-09-30 to 3 months ending 2010-09-30).
10. Caterpillar Inc. (CAT): Manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Dividend yield at 1.66%, payout ratio at 23.86%. Performance over the last month at 22.53%. Revenue grew by 34.64% during the most recent quarter ($17,243M vs. $12,807M y/y). Accounts receivable grew by 6.91% during the same time period ($17,953M vs. $16,792M y/y). Receivables, as a percentage of current assets, decreased from 52.79% to 47.09% during the most recent quarter (comparing 3 months ending 2011-12-31 to 3 months ending 2010-12-31).
11. Adams Resources & Energy Inc. (AE): Engages in marketing crude oil, natural gas, and petroleum products. Dividend yield at 1.48%, payout ratio at 11.06%. Performance over the last month at 32.05%. Revenue grew by 59.56% during the most recent quarter ($801.69M vs. $502.45M y/y). Accounts receivable grew by 30.18% during the same time period ($189.28M vs. $145.4M y/y). Receivables, as a percentage of current assets, decreased from 71.9% to 68.68% during the most recent quarter (comparing 3 months ending 2011-09-30 to 3 months ending 2010-09-30).
12. Littelfuse Inc. (LFUS): Designs, manufactures, and sells circuit protection devices for use in the automotive, electronic, and electrical markets in the Americas, Europe, and the Asia-Pacific. Dividend yield at 1.39%, payout ratio at 15.15%. Performance over the last month at 20.52%. Revenue grew by 6.44% during the most recent quarter ($173.99M vs. $163.47M y/y). Accounts receivable grew by 2.58% during the same time period ($110.69M vs. $107.91M y/y). Receivables, as a percentage of current assets, decreased from 33.26% to 28.51% during the most recent quarter (comparing 3 months ending 2011-10-01 to 3 months ending 2010-10-02).
13. HollyFrontier Corporation Commo (HFC): Operates as an independent petroleum refiner and marketer in the United States. Dividend yield at 1.31%, payout ratio at 30.94%. Performance over the last month at 30.00%. Revenue grew by 147.41% during the most recent quarter ($5,173.4M vs. $2,090.99M y/y). Accounts receivable grew by 80.15% during the same time period ($1,341.68M vs. $744.74M y/y). Receivables, as a percentage of current assets, decreased from 50.49% to 30.64% during the most recent quarter (comparing 3 months ending 2011-09-30 to 3 months ending 2010-09-30).
14. Sun Hydraulics Corp. (SNHY): Designs and manufactures screw-in hydraulic cartridge valves and manifolds, components of fluid-power systems that control force, speed, and motion. Dividend yield at 1.22%, payout ratio at 47.85%. Performance over the last month at 25.44%. Revenue grew by 39.32% during the most recent quarter ($53.04M vs. $38.07M y/y). Accounts receivable grew by 22.76% during the same time period ($20.17M vs. $16.43M y/y). Receivables, as a percentage of current assets, decreased from 20.87% to 19.85% during the most recent quarter (comparing 3 months ending 2011-10-01 to 3 months ending 2010-10-02).
15. Noranda Aluminum Holding Corp. (NOR): Engages in the production and sale of primary aluminum products and rolled aluminum coils in the United States. Dividend yield at 1.14%, payout ratio at 0.00%. Performance over the last month at 28.12%. Revenue grew by 27.42% during the most recent quarter ($400.4M vs. $314.23M y/y). Accounts receivable grew by 15.17% during the same time period ($142.1M vs. $123.38M y/y). Receivables, as a percentage of current assets, decreased from 32.68% to 28.47% during the most recent quarter (comparing 3 months ending 2011-09-30 to 3 months ending 2010-09-30).
16. Gorman-Rupp Co. (GRC): Designs, manufactures, and sells pumps and related fluid control products worldwide. Dividend yield at 1.09%, payout ratio at 21.90%. Performance over the last month at 21.36%. Revenue grew by 22.% during the most recent quarter ($90.22M vs. $73.95M y/y). Accounts receivable grew by 10.48% during the same time period ($54.84M vs. $49.64M y/y). Receivables, as a percentage of current assets, decreased from 36.35% to 34.48% during the most recent quarter (comparing 3 months ending 2011-09-30 to 3 months ending 2010-09-30).
*Accounting data sourced from Yahoo Finance, all other data sourced from Finviz.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
