Seeking Alpha
Value, growth, long-term horizon, medium-term horizon
Profile| Send Message|
( followers)  

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 (NYSE: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. (NYSE: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. (NASDAQ: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. (NYSE: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. (NASDAQ: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. (NASDAQ: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 (NYSE: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. (NYSE: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. (NYSE: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. (NYSE: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. (NYSEMKT: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. (NASDAQ: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 (NYSE: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. (NASDAQ: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. (NYSE: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. (NYSEMKT: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.

Source: 16 Highly Outperforming Dividend Stocks With Strong Receivable Trends