Dividend Stock News

Here are a few companies with market caps under $1 billion with larger than 10% yields:

Templeton Emerging Markets Income Fund (TEI): current yield 11.1%

Templeton Emerging Markets Income Fund (the Fund) is a non-diversified, closed-end investment company. The Fund’s primary investment objective is high current income, with a secondary objective of capital appreciation. Templeton Emerging Markets Income Fund invests at least 80% of its total net assets in income producing securities of sovereign or sovereign-related entities, and private sector companies in emerging market countries.  (google)

Novastar Financial Inc. (NFI): current yield 29%

NovaStar Financial, Inc. is one of the nation’s leading lenders and investors in nonconforming residential mortgage loans. Founded in 1996, NovaStar efficiently brings together the capital markets and American families financing their homes.

We focus on single-family, nonconforming mortgage loans, involving borrowers whose loan size, credit details or other circumstances fall outside conventional agency mortgage loan guidelines. In a well-managed portfolio, these loans offer higher net interest margins than conventional agency loans.

Central Europe & Russia Fund Inc. (CEE) : current yield 10.8%

According to Merrill Lynch in Europe, the current world economic cycle suggests that one of the best asset classes to be invested in are dividend-paying stocks:

Money can still be made as the cycle turns, chiefly by rotating into short-term cash deposits and quality stocks with good dividend yields such as AstraZeneca, Barratt Developments, Sweden’s retailer H&M, or Spain’s Banco Popular Espanol - along with a few bars of gold bullion.

Stay tuned to this site for dividend stock choice to weather any upcoming economic storm.

Here are three more high-yield dividend stocks that focus on Asia.

Asia Pacific Fund (APB): current yield 13.3% (yearly)

The Asia Pacific Fund is a diversified, closed-end management investment company, listed on the New York Stock Exchange under the symbol “APB.” Its holdings consist of investments in equity securities of companies in the Asia Pacific region. 

China Fund Inc (CHN): current yield 12% (yearly)

The China Fund, Inc. is a non-diversified, closed-ended management investment company launched in April 1992. Its objective is to achieve long-term capital appreciation through investment in companies and other entities with significant assets, investments, production activities, trading or other business interests is China, or which derive a significant part of their revenue from China.

Japan Smaller Capitalization Fund Inc. (JOF) [Editor's Note: I own this]: current yield 12.1% (yearly)

Japan Smaller Capitalization Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks long-term capital appreciation primarily through investments in smaller-capitalization Japanese equity securities traded on the Tokyo, Osaka and Nagoya Stock Exchanges, JASDAQ, Mothers, Hercules, Centrex and other indices or markets determined by Nomura Asset Management U.S.A. Inc. to be appropriate indices or markets for smaller-capitalization companies in Japan. (from Google)

Here is a short list of some shipping and transport companies with great yields:

Eagle Bulk Shipping Inc. (EGLE): Current yield 11.3% (quarterly)

Eagle Bulk Shipping Inc. is the largest U.S. based owner of Handymax dry bulk vessels. Headquartered in New York City, we operate a modern fleet of vessels engaged primarily in the transportation of a broad range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes. Eagle Bulk’s fleet is comprised principally of Supramax class vessels, a larger and more efficient Handymax design that enjoys strong demand from customers around the world. (source)

Genco Shipping & Trading Ltd. (GSTL): current yield 7.9% quarterly

Genco Shipping & Trading Limited is an international ship owning company. We transport iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. Our wholly owned modern fleet of dry cargo vessels consists of Panamax, Handymax and Handysize vessels that provide an essential link in international trade. Ours is a global industry and Genco Shipping & Trading Limited is very well placed to serve it professionally and competitively. (source)

K-SEA Transportation Partners LP (KSP) current yield 7.1% quarterly

We are the largest coastwise tank barge operator, measured by barrel-carrying capacity, in the United States. We provide refined petroleum products marine transportation, distribution and logistics services in the U.S. domestic marine transportation business. With a fleet of 60 tank barges, 2 tankers and 41 tugboats, we serve a wide range of customers including major oil companies, oil traders and refiners. (source)

This new site aims to improve your trading behavior.  From the about page:

Behavioral Trader is one individual investor’s online trading diary. I intend to track my trading behavior as well as discuss insights I’ve had from trading and from the behavioral finance literature. For a fuller explanation see my first post.

Two oil and gas trusts have over 10% dividend yields:

• CNE: “Canetic Resources Trust is a Canadian oil and gas royalty trust. The Company was formed through the merger of Acclaim Energy Trust and StarPoint Energy Trust. Acclaim Energy Trust is an open-ended Canadian income trust engaged in the development and acquisition of oil and natural gas reserves in western Canada. The Company has operations in Peace River Arch, Williston Basin, South Central Alberta, Rocky, Southern, and Drayton Valley, Border Plains and North Central Alberta. ” CURRENT ANNUAL YIELD: 12%
• HTE: “Harvest Energy Trust is a Canadian conventional oil and natural gas royalty trust. The Company completed a strategic merger with Viking Energy Royalty Trust in February, 2006. It strives to maintain or increase cash flow per unit through its strategy of acquiring, enhancing and producing crude oil, natural gas and natural gas liquids. ” CURRENT ANNUAL YIELD: 10%

Sitting on a load of cash from selling many of its assets, CBS increased its dividend again:

Media company CBS Corp. said Monday its board approved an 11 percent dividend increase, marking it the third boost since the stock’s debut in January.

CBS, which operates its namesake broadcast television network and radio stations, said it will pay a quarterly dividend of 20 cents per share — up from 18 cents — on Oct. 1 to shareholders of record on Aug. 31.

S&P tracks high dividend Asian stocks with it S&P Pan Asia 50 High Dividend Index:

The S&P Pan Asia 50 High Dividend Index is designed to measure the performance of 50 Pan-Asian stocks that have high dividend yields. Only high dividend paying stocks from Japan, Australia, Taiwan, China, Hong Kong, South Korea and Singapore are eligible for membership.

There are a few great online resources one can use to find dividned paying stocks:

Yahoo Stock Screener

BusinessWeek Advanced Stock Screener

MSN Stock Search

Just use the Yahoo stock screener, and we have 2157 stocks to choose from.  The limitations of the screening mean that these are stocks that have a 1% or greater dividend yield.