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Dividend stocks are more attractive to investors these days due to the decline in interest rates and with the recent reduction in the tax rate on most dividends. Also, investors like the dividend stocks for long-term investments as these dividend payments tend to protect the stock price from market volatility that affects non-dividend paying stocks. However, careful analysis of dividend stocks and choosing the right dividend stocks at right time is critical for the investors.

In this article, I will focus on the top 10-high yielding dividend stocks and these stocks are screened based on the following criteria:

  • Dividend Yield: Greater than or Equal to 3.00%
  • Dividend Payout % Last Quarter: Less than or Equal to 80.00%
  • P/E (Next Year Estimate): Less than or Equal to 20.0
  • EPS Growth (Proj Next Year vs. This Year): Greater than or Equal to 1.00%
  • Forward EPS Long Term Growth (3-5 Years): Greater than or Equal to 10.00%
  • EPS Growth (Proj this Year vs. Last Year): Greater than or Equal to 1.00%
  • Security Type: Common Stock

The following table provides the top 10 high-yielding dividend stocks:

(click to enlarge)

SEAGATE TECHNOLOGY PLC (STX): Seagate Technology plc designs, manufactures, markets and sells hard disk drives. Seagate Technology has market cap of $12.91B with a Dividend yield at 3.45% and payout ratio at 9.77%. Seagate Technology is currently trading around $28.77 with a 52-week range of $9.05 - 29.59. Revenue growth for the last quarter is 65.12% when compared with same quarter prior year. Seagate Technology has total cash of $2.1B and 1-year target price of $33.89. This year price performance of this stock is 76.6%.

PDL BIOPHARMA INC (PDLI): PDL BioPharma, Inc. is a is a biotech company. PDL is engaged in the management of antibody humanization patents and royalty assets. PDL BioPharma has market cap of $858.1M with a Dividend yield at 9.82% and payout ratio at 53.8%. PDL BioPharma is currently trading around $6.14 with a 52-week range of $5.15 - 6.70. Revenue growth for the last quarter is -4.36% when compared with same quarter prior year. PDL BioPharma has total cash of $210.8M and 1-year target price of $7.00. This year price performance of this stock is -1.45%.

TOWER GROUP INC (TWGP): Tower Group offers a range of commercial, personal and specialty property and casualty insurance products and services to businesses in various industries and to individuals. Tower Group has market cap of $835.0M with a Dividend yield at 3.5% and payout ratio at 27.73%. Tower Group is currently trading around $21.29 with a 52-week range of $19.78 - 24.64. Revenue growth for the last quarter is 8.38% when compared with same quarter prior year. Tower Group has total cash of $154.6M and 1-year target price of $26.33. This year price performance of this stock is 6.35%.

FORTRESS INVESTMENT GROUP LLC (FIG): Fortress is a global investment management firm. Its offering of alternative investment products includes private equity funds, liquid hedge funds and credit funds. Fortress has market cap of $687.5M with a Dividend yield at 5.53% and payout ratio at 0%. Fortress is currently trading around $3.62 with a 52-week range of $2.67 - 6.37. Revenue growth for the last quarter is -36.69% when compared with the same quarter prior year. Fortress has total cash of $333.2M and 1-year target price of $4.85. This year price performance of this stock is 7.10%.

ASIA ENTERTAINMENT & RESOURCES LTD (AERL): Asia Entertainment is a holding company that conducts its primary business operations through its wholly owned subsidiary, Asia Gaming & Resort Limited, and its subsidiaries. Asia Entertainment & Resources has market cap of $234.4M with a Dividend yield at 4.93% and payout ratio at 0%. Asia Entertainment & Resources is currently trading around $6.04 with a 52-week range of $4.72 - 10.87. Revenue growth for the last quarter is 61.75% when compared with the same quarter prior year. Asia Entertainment & Resources has total cash of $16.7M. This year price performance of this stock is 1.36%.

GLACIER BANCORP INC (GBCI): Glacier Bancorp, Inc. is a regional multi-bank holding company. Glacier has market cap of $1.040B with a Dividend yield at 3.59% and payout ratio at 65.15%. Glacier is currently trading around $14.46 with a 52-week range of $8.95 - 15.73. Revenue growth for the last quarter is -4.51% when compared with the same quarter prior year. Glacier has total cash of $128.0M and 1-year target price of $14.08. This year price performance of this stock is 20.45%.

CROWN CRAFTS INC (CRWS): Crown Crafts, Inc. operates indirectly through its wholly owned subsidiaries, Crown Crafts Infant Products, Inc. and Hamco, Inc., in the infant and toddler products segment within the consumer products industry. Crown Crafts has market cap of $53.6M with a Dividend yield at 5.77% and payout ratio at 18.7%. Crown Crafts is currently trading around $5.55 with a 52-week range of $3.12 - 5.84. Revenue growth for the last quarter is -1.32% when compared with the same quarter prior year. Crown Crafts has total cash of $279.0K and 1-year target price of $7.00. This year price performance of this stock is 68.69%.

THE HANOVER INSURANCE GROUP INC (THG): The Hanover Insurance Group, Inc. is a holding company. The Company's business operations are property and casualty insurance products and services marketed through independent agents and brokers in the United States.THG has market cap of $1.812B with a Dividend yield at 3.03% and payout ratio at 29.07%. THG is currently trading around $40.27 with a 52-week range of $31.00 - 43.61. Revenue growth for the last quarter is 36.31% when compared with the same quarter prior year. THG has total cash of $1.4B and 1-year target price of $43.75. This year price performance of this stock is 13.48%.

RRSAT GLOBAL COMMUNICATIONS NETWORK LTD (RRST): RRsat Global Communications Network Ltd. provides global, content management and distribution services to the television and radio broadcasting industries. RRSat has market cap of $86.7M with a Dividend yield at 9.79% and payout ratio at 0%. RRSat is currently trading around $5.00 with a 52-week range of $3.50 - 7.75. Revenue growth for the last quarter is 11.56% when compared with the same quarter prior year. RRSat has total cash of $33.2M and 1-year target price of $8.00. This year price performance of this stock is 22.43%.

EINSTEIN NOAH RESTAURANT GROUP INC (BAGL): Einstein Noah Restaurant Group, Inc. operates under the Einstein Bros. Bagels, Noah's New York Bagels and Manhattan Bagel Company brands.Einstein Noah Restaurant Group has market cap of $238.4M with a Dividend yield at 3.45% and payout ratio at 34.25%. Einstein Noah Restaurant Group is currently trading around $14.15 with a 52-week range of $11.48 - 16.28. Revenue growth for the last quarter is 8.56% when compared with the same quarter prior year. Einstein Noah Restaurant Group has total cash of $9.5M and 1-year target price of $18.67. This year price performance of this stock is -8.47%.

Sources: Some of the data is sourced from Google Finance, Yahoo Finance and Fidelity.

Disclaimer: I am not a registered investment advisor and do not provide specific investment advice. The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock you should do your own research and reach your own conclusion. It is up to the investors to make the correct decision after necessary research.

Source: 10 High-Yielding Income Dividend Stocks