4 High Dividend Yield Stocks With Positive Sales Trends

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Includes: BLC, DEER, FF, TOT
by: Kapitall

Do you prefer stocks that pay handsome dividends on a regular basis? For a closer look at some interesting dividend stocks, we ran a screen.

We began by screening for stocks paying large dividends, with dividend yields above 4% and sustainable payout ratios below 50%.

We then screened for those stocks with strong sales trends, comparing growth in revenue to growth in accounts receivable over the last year. Since accounts receivable is the portion of revenue not yet received, and there is no guarantee the money will ever be received, the smaller the portion of revenue made up of receivables the healthier the company's revenue.

We screened for stocks seeing faster growth in revenue than accounts receivable year-over-year, as well as accounts receivable comprising a smaller portion of current assets over the same time period.

Interactive Chart: Press Play to compare changes in market cap over the last two years for the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.

We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.

Do you think these stocks pay reliable dividends? Use this list as a starting point for your own analysis.

List sorted by increase in revenue over the last year.

1. FutureFuel Corp. (NYSE:FF): Engages in the manufacture and sale of specialty chemicals and bio-based products primarily in the United States. Market cap at $398.32M, most recent closing price at $9.73. Dividend yield at 4.15%, payout ratio at 47.10%. Revenue grew by 67.15% during the most recent quarter ($89.61M vs. $53.61M y/y). Accounts receivable grew by 0.% during the same time period ($35.68M vs. $35.68M y/y). Receivables, as a percentage of current assets, decreased from 16.55% to 14.71% during the most recent quarter (comparing 3 months ending 2011-12-31 to 3 months ending 2010-12-31).

2. Total SA (NYSE:TOT): Operates as an integrated oil and gas company worldwide. Market cap at $111.22B, most recent closing price at $45.65. Dividend yield at 6.42%, payout ratio at 41.77%. Revenue grew by 20.13% during the most recent quarter ($42,958M vs. $35,760M y/y). Accounts receivable grew by 10.41% during the same time period ($20,049M vs. $18,159M y/y). Receivables, as a percentage of current assets, decreased from 31.89% to 31.49% during the most recent quarter (comparing 3 months ending 2011-12-31 to 3 months ending 2010-12-31).

3. Deer Consumer Products, Inc. (NASDAQ:DEER): Engages in the design, manufacture, and sale of small home and kitchen electronic appliances. Market cap at $102.79M, most recent closing price at $2.94. Dividend yield at 6.54%, payout ratio at 16.88%. Revenue grew by 18.83% during the most recent quarter ($73.95M vs. $62.23M y/y). Accounts receivable grew by -44.91% during the same time period ($32.32M vs. $58.67M y/y). Receivables, as a percentage of current assets, decreased from 50.08% to 29.51% during the most recent quarter (comparing 3 months ending 2011-12-31 to 3 months ending 2010-12-31).

4. Belo Corp. (NYSE:BLC): Operates as a television company. Market cap at $619.22M, most recent closing price at $6.59. Dividend yield at 4.87%, payout ratio at 30.49%. Revenue grew by 2.92% during the most recent quarter ($155.9M vs. $151.47M y/y). Accounts receivable grew by -18.75% during the same time period ($133.5M vs. $164.31M y/y). Receivables, as a percentage of current assets, decreased from 75.25% to 49.19% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

*Accounting data sourced from Google 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.