March of next year will mark the seventh anniversary of the beginning of one of the longest bull market runs in history that came out of the Great Recession lows of March 2009.
While many claim that this has indeed been a secular bull market since then, the reality is that until the market blew past the double top level of 1,500 in May of 2013, we were really just filling in a monumental hole. With that in mind, the bull run is getting tired, and three very distinct signs of a market top are showing up.
So what do investors do with bond yields still at historical lows? It's time to think about selling the high-beta momentum stocks that lurk in portfolios and move to more conservative blue chip companies that pay dividends.
Attached you can find a few ideas of stocks that pay good dividends and offer attractive yields while having low beta ratios.
These are the results....
AmeriGas Partners -- Yield: 8.83%
AmeriGas Partners (NYSE:APU) employs 8,000 people, generates revenue of $3,712.94 million and has a net income of $294.44 million. The current market capitalization stands at $3.87 billion.
AmeriGas Partners's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $654.98 million. The EBITDA margin is 17.64% (the operating margin is 12.46% and the net profit margin 7.93%).
Financials: The total debt represents 55.01% of AmeriGas Partners assets and the total debt in relation to the equity amounts to 181.53%. Due to the financial situation, a return on equity of 19.62% was realized by AmeriGas Partners.
Twelve trailing months earnings per share reached a value of $2.31. Last fiscal year, AmeriGas Partners paid $3.44 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 18.05, the P/S ratio is 1.04 and the P/B ratio is finally 2.97. The dividend yield amounts to 8.83%. - See more here: Buy Low, Sell High: 11 Top Yielding Dividend Stocks To Buy When You Sell Your High Beta Stuff...