Written by Rich B. Meier
TopEquityNews.com
We are going to step out of the box and do something a little different today. So far, this column has mostly highlighted trading ideas and growth stocks. Much like recent outer-space discoveries, there is a whole’nother universe out there – dividend-paying stocks.
Besides the wannabe E-Trade baby in the Jimmy Fallon Capital One Cash Card commercial – who doesn’t like extra cash?
Top Equity News screened for companies that pay at least a 2% dividend and have a five-year dividend growth rate above zero. We wanted to find companies that pay more than the bank and managed to reward investors despite the subprime and Euro debt crises.
From there, TEN ranked them using a basic dividend discount computation to identify stocks with capital appreciation potential. In a market that has basically gone nowhere for 10 years, total return could continue to be a wise road to travel down.
The following are stocks that TEN grades with above-average Earnings Power – the more they earn, the more they can pay. Top Equity also looked back to make sure payments have been consistent and stable – most have actually increased their dividends in the past few years. Each offers the potential to grow in price by at least 10% in the next 6-12 months, and will pay you more than the bank while you wait.
Teekay LNG Partners LP. (TGP) 7.60%
TGP provides marine transportation services for liquefied natural gas, liquefied petroleum gas, and crude oil worldwide. It transports liquid petroleum gases, including propane, butane, and methane; petrochemical gases comprising ethylene, propylene, and butadiene; and ammonia. The company provides its services through a time-charter or bareboat charter contract basis.
Pitney Bowes Inc. (PBI) 8.00%
PBI provides mail processing equipment and integrated mail solutions worldwide. It offers a suite of equipment, supplies, software, services, and solutions for managing and integrating physical and digital communication channels.
NTT DOCOMO, Inc. (DCM) 3.30%
DCM provides wireless telecommunications services, packet communications services, and satellite mobile communications services in Japan.
Compass Diversified Holdings (CODI) 11.50%
CODI is a public investment firm specializing in acquiring controlling stakes in small to middle market companies. The firm seeks to make middle market and buyout investments. It seeks to invest in industries such as manufacturing, distribution, consumer products, and business services. The firm prefers to invest in companies based in North America with a preferred transaction size between $60 million and $300 million in value, cash flows between $5 million and $40 million, with enterprise values between $50 million and $250 million, and a minimum EBITDA of $10 million.
Courier Corporation (CRRC) 7.90%
Courier Corporation, together with its subsidiaries, engages in printing, publishing, and selling books. It operates in two segments, Book Manufacturing and Specialty Book Publishing.
Dividend Hunter: 5 Out of this World Dividend Paying Stocks is an article from: