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With the current economic scenario of low interest rates, investors are preferring stocks with high dividend yields. This article will discuss five stocks with high dividend yields, overall positive financials and the ability to maintain dividend payments. I recommend the following stocks for 2012 portfolio investments:

Exelon Corporation (NYSE:EXC) is a utility services holding company. It has a market capitalization of $26.2 billion. The company's stock is currently trading around $39 per share. Over the last 52 weeks, its stock has traded within a narrow range of $38.57 and $45.45 per share. Low volatility is also indicated by the company's beta value of 0.5. It generated a profit margin of 12.4% and a return-on-equity of 17%. Exelon reported a dividend yield of 5.2%.

Ameren Corporation (NYSE:AEE), a competitor of Exelon, has a price-to-earnings ratio of 14 versus Exelon's 10.9. Dynegy Inc. (NYSE:DYN), another competitor reported a lower gross margin of 14.3% and a negative operating margin of 12.6%, while Exelon had a gross margin of 34.2% and an operating margin of 23%. These ratios indicate that Exelon is trading cheaper than its competitors.

Ameren has a lower dividend yield of 5%, when compared to Exelon, while Dynegy is not paying out any dividends. Exelon, on the other hand, has been paying dividends since 1902. Analysts favor the stock due to its relatively inexpensive valuations and high dividend yield. With the company recently showing positive results, I am bullish on the stock.

Integrys Energy Group, Inc. (NYSE:TEG) is an electric and natural gas utility company that operates in the U.S. and Canada. It has a market capitalization of $4.05 billion. The company's stock is currently trading around $52 per share. Integrys generated a profit margin of 5.4% and a return-on-equity of 8.8%. It has a dividend yield of 5.2%.

Integrys' operating margin of 9.9% was higher than the industry's average of 7%. Its five year expected price-to-earnings-to-growth ratio of 1.7 was lower than that of Alliant Energy Corporation's (NYSE:LNT) 3.1. Alliant also had a higher price-to-sales ratio of 1.3 versus Integrys' 0.8. This analysis indicates that Integrys is less expensive than its peers. Alliant is currently reporting a low dividend yield of 4.2%. Integrys has seen a dividend growth of 2.7% over the last ten years. With the stock currently trading below its 200 day moving average, I recommend this stock at these levels.

FirstEnergy Corporation (NYSE:FE) is an energy company that distributes electricity. It has a market capitalization of $17.7 billion. The company's stock is currently trading around $42 per share. Over the last 52 weeks, its stock has traded between $36.11 and $46.51 per share also shown by the company's beta value of 0.35. It generated a profit margin of 6% and a return-on-equity of 8.3%. FirstEnergy reported a dividend yield of 5.2%.

Dominion Resources, Inc. (NYSE:D), a competitor of FirstEnergy, has a price-to-earnings ratio of 19 times while FirstEnergy's price to earnings ratio stands at 17 times. The Public Service Enterprise Group, Inc. (NYSE:PEG), another competitor, has a five year expected price-to-earnings-to-growth ratio of 28.4 times versus FirstEnergy's 6.7 times.This indicates that future earnings growth at FirstEnergy can be bought at a lower relative price. Dominion Resources and Public Service Enterprise reported lower dividend yields of 4.1% and 4.4% respectively. FirstEnergy's intangible assets ratio and tangible book value indicate that the company is doing well. The company is looking to simplify its business by introducing paperless billing, which is expected to make payment easier for its customers. Hedge funds have also increased investment in the company.

Verizon Communications, Inc. (NYSE:VZ) is a provider of communication services. It has a market capitalization of $105.3 billion. The company's stock is currently trading around $37 per share. Over the last 52 weeks its shares have traded between $32.28 and $40.48 per share, shown by a relatively low beta value of 0.52. It generated a profit margin of 6.5% and a return-on-equity of 17.5%. Verizon has a dividend yield of 5.4%.

AT&T, Inc. (NYSE:T) reported an operating margin of 16% while Verizon reported the same margin at 22%. AT&T also has a higher five year expected price-to-earnings-to-growth ratio of 3.7 while Verizon reports 1.3. One can discern from these ratios that Verizon is trading at a cheaper price than AT&T despite AT&T's higher dividend yield of 6%. Sprint Nextel Corporation (NYSE:S), another competitor of Verizon, does not offer any dividends. With the recent failure of the AT&T and T-Mobile deal (resulting in a loss of $6.7 billion), customers are flocking towards a more stable company (Verizon). Verizon recently invested $180 million in New Mexico and El Paso, providing new wireless services to its customers. It has also expanded its network to Africa and the Middle East.

Federated Investors, Inc. (NYSE:FII) is an asset management holding company. It has a market capitalization of $1.8 billion. The company's stock is currently trading near $18 per share and has traded within a narrow range of $14.36 and $28.23 per share over the last 52 weeks. This low volatility is also indicated by the company's beta value of 0.79. Federated Investors generated a profit margin of 17% and a return-on-equity of 33%. It has a dividend yield of 5.1%.

BlackRock, Inc. (NYSE:BLK), a competitor of Federated Investors, has a price-to-earnings ratio of 15 times versus Federated Investors' ratio of 11 times. BlackRock also has a higher price-to-sales ratio of 3.7 times versus Federated Investors' 2.1 times. BlackRock has a lower dividend yield of 2.9%. Federated Investors is trying to keep its investors happy by declining its management executive pay packages. With the company falling short of estimates, analysts recommend a neutral rating.

Source: 5 Recommended Dividend Stocks For 2012