Jim Cramer's 26 Favorite High Dividend Paying Stock Picks

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Includes: BMO, BMY, BR, COP, ED, EPB, EPD, HD, HON, KMP, MWE, PM, PSA, SCCO, SLRC, SNY, TRV, UPS, VZ, WIN, WMT
by: Insider Monkey

Jim Cramer is the host of CNBC's "Mad Money" show and the chairman of TheStreet.com. In 1987, Cramer started his own hedge fund and returned an average of 24% per year between 1987 and 2001. Cramer also authored six money management books.

We compiled the list of high dividend paying stocks that have been recommended on "Mad Money" during the last 30 days. These 26 stocks returned 12.5% (including dividends) during the past 12 months.

Company

Market Cap

Return (52 weeks)

P/E

Dividend Yield

Solar Capital (NASDAQ:SLRC)

0.8

22.7%

6.2

10.8%

Windstream (NASDAQ:WIN)

6.4

9.8%

22.8

8.0%

Southern Copper (NYSE:SCCO)

26.1

2.3%

13.1

7.1%

Kinder Morgan Energ (NYSE:KMP)

22.7

6.6%

118.7

6.7%

Enterprise Products Partn (NYSE:EPD)

34.6

13.4%

25.9

5.9%

MarkWest Energy (NYSE:MWE)

3.7

43.3%

N/A

5.9%

Sanofi-Aventis (NYSE:SNY)

88.2

10.7%

14.1

5.6%

Verizon (NYSE:VZ)

99.7

20.6%

15.7

5.5%

El Paso Pipeline (NYSE:EPB)

7.6

17.1%

18.4

5.3%

Bank of Montreal (NYSE:BMO)

37.5

4.5%

11.6

4.8%

Bristol-Myers Squibb (NYSE:BMY)

49.7

13.1%

15.2

4.5%

Consolidated Edison (NYSE:ED)

16.1

20.4%

15.1

4.4%

ConocoPhillips (NYSE:COP)

88.2

21.6%

8.1

4.1%

Philip Morris (NYSE:PM)

115.8

25.9%

15.1

3.9%

Travelers Companies (NYSE:TRV)

20.2

-1.1%

9.4

3.4%

United Parcel Service (NYSE:UPS)

63.0

-2.5%

15.9

3.2%

Broadridge Financial (NYSE:BR)

2.5

-7.1%

14.8

3.2%

Public Storage (NYSE:PSA)

20.6

21.9%

35.4

3.2%

Home Depot (NYSE:HD)

49.9

10.6%

14.2

3.1%

Honeywell (NYSE:HON)

35.0

7.1%

14.3

3.0%

Wal-Mart (NYSE:WMT)

177.0

1.5%

11.6

2.8%

The market data was sourced from Finviz.

Solar Capital is a merchant of finance, according to Cramer, and they do it better than anyone else. SLRC recently traded at $22.18 and has a 10.82% dividend yield. SLRC gained 5.47% during the last 30 days. Cramer repeated his buy recommendation of SLRC once during the last 30 days. The stock has a market cap of $810 million and P/E ratio of 6.2. Charles Clough of Clough Capital Partners increased his firm’s position in Solar Capital (for more of Clough’s picks, check here).

Windstream Corporation is a communications and technology solutions provider, specializing in complex data, high-speed Internet access and voice and transport services. WIN recently traded at $12.55 and has a 7.97% dividend yield. WIN gained 10.38% during the last 30 days. Cramer repeated his buy recommendation of WIN once during the last 30 days. The stock has a market cap of $6.4 billion and P/E ratio of 22.8. WIN is held by 10 hedge funds. Jim Simons holds the largest WIN position (see billionaire Jim Simons’ top picks).

Southern Copper Corporation provides mining, smelting and refining of mineral properties in South America. Southern Company is a U.S. electricity utility company. SCCO recently traded at $30.87 and has a 7.09% dividend yield. SCCO gained 6.45% during the last 30 days. Cramer repeated his buy recommendation of SCCO twice during the last 30 days. The stock has a market cap of $26.1 billion and P/E ratio of 13.1.

Cramer loves KMP because of its strong dividend and low exposure to swings in the price of oil. KMP recently traded at $68.82 and has a 6.68% dividend yield. KMP lost 1.29% during the last 30 days. Cramer repeated his buy recommendation of KMP once during the last 30 days. The stock has a market cap of $22.7 billion and P/E ratio of 118.7.

Enterprise is a midstream energy company providing a range of services to producers and consumers of natural gas, natural gas liquids, crude oil, refined products and certain petrochemicals. EPD recently traded at $40.71 and has a 5.94% dividend yield. EPD lost 3.21% during the last 30 days. Cramer repeated his buy recommendation of EPD once during the last 30 days. The stock has a market cap of $34.6 billion and P/E ratio of 25.9. EPD is held by 11 hedge funds, and John Osterweis holds the largest EPD position.

Markwest Energy Partners is a U.S. partnership that provides natural gas transportation and processing services in the United States. MWE recently traded at $47.24 and has a 5.93% dividend yield. In the past five years, MWE increased its dividend payments by 8.76% annually. MWE gained 6.04% during the last 30 days. Cramer repeated his buy recommendation of MWE once during the last 30 days. The stock has a market cap of $3.7 billion.

Sanofi-Aventis is a health care company operating worldwide. SNY recently traded at $32.7 and has a 5.57% dividend yield. SNY gained 3.58% during the last 30 days. Cramer repeated his buy recommendation of SNY once during the last 30 days. The stock has a market cap of $88.2 billion and P/E ratio of 14.1. Ken Fisher increased his position of SNY by 11% during the second quarter. Sanofi-Aventis now represents 1.5% of his portfolio. Legendary investor Warren Buffett is among SNY investors (see Warren Buffett’s favorite stocks).

Verizon is a provider of communications services. Its products and services include voice, Internet access, broadband video and data, Internet protocol network services, long distance, and wireless voice and data services. VZ recently traded at $35.24 and has a 5.53% dividend yield. VZ gained 4.69% during the last 30 days. Cramer repeated his buy recommendation of VZ once during the last 30 days. The stock has a market cap of $99.7 billion and P/E ratio of 15.7. Phil Gross' Adage Capital holds nearly $150 Million of VZ.

Cramer recommends owning El Paso Pipeline Partners that yields over 5%. The pipeline company has a $7.5 billion market cap and trades at 18 times earnings. Cramer likes these pipeline companies because of their reduced exposure to oil prices. EPB recently traded at $36.35 and has a 5.28% dividend yield. EPB gained 5.36% during the last 30 days. Cramer repeated his buy recommendation of EPB once during the last 30 days. The stock has a market cap of $7.6 billion and P/E ratio of 18.4.

Bank of Montreal recently traded at $58.81 and has a 4.81% dividend yield. Advising viewers to stay away from American financials, Cramer gave this Canadian bank a buy recommendation. They operate 900 bank branches in Canada and operate in international financial markets through their offices in eight other countries. BMO gained 0.17% during the last 30 days. Cramer repeated his buy recommendation of BMO once during the last 30 days. The stock has a market cap of $37.5 billion and P/E ratio of 11.6.

Disclosure: I am long PM, COP.