High Yielding Dividend Shares near 52-Week Lows by Dividend Yield - Stock, Capital, Investment. Sometimes it makes sense to observe shares that have reached new lows. The background is to detect a possible turnaround. If the company pays stable dividends, it could increase the expected total return for an investor.
I screened the capital market by stocks with a dividend yield of more than 5 percent (high yields) that are traded close to 52-Week lows (up to 5 percent). The result was dominated of 52 companies of which the most were small and micro caps. To exclude risks by this investment category, I screened stocks with a market capitalization of more than USD 2 billion. Finally, I sorted the list by highest dividend yield. As result, I had 8 interesting stocks.
Here are my 3 most promising stocks from our screening results:
1. Veolia Environnement S.A. (VE) is acting within the waste management industry. The company has a market capitalization of USD 11.6 billion, generates revenues in an amount of USD 50.1 billion and a net income of USD 870.4 million. It follows Price/Earnings ratio is 12.4, Price/Sales 0.23 and Price/Book ratio 0.95. Here are additional dividend information: Dividend Yield: 7.75 percent | Years of Consecutive Dividend Increasing: 0 Years | 5-Year Dividend Growth: 32.8 percent | Dividends Since 2002 | VE is traded 2.4 percent above 52-Week Low.
2. Spectra Energy Partners, LP (SEP) is acting within the oil and gas pipeline industry. The company has a market capitalization of USD 2.9 billion, generates revenues in an amount of USD 198.4 million and a net income of USD 145.1 million. It follows Price/Earnings ratio is 17.1, Price/Sales 14.7 and Price/Book ratio 1.8. Here are additional dividend information: Dividend Yield: 6.25 percent | Years of Consecutive Dividend Increasing: 3 Years | 5-Year Dividend Growth: 0 percent | Dividends Since 2007 | SEP is traded 0.3 percent above 52-Week Low.
3. Mercury General Corporation (MCY) is acting within the property and casualty insurance. The company has a market capitalization of USD 2.0 billion, generates revenues in an amount of USD 2.8 billion and a net income of USD 149.3 million. It follows Price/Earnings ratio is 13.7, Price/Sales 0.7 and Price/Book ratio 1.12. Here are additional dividend information: Dividend Yield: 6.5 percent | Years of Consecutive Dividend Increasing: 19 Years | 5-Year Dividend Growth: 5.7 percent | Dividends Since 1990 | MCY is traded 4 percent above 52-Week Low.
Take a closer look at the full table. The average price to earnings ratio (P/E ratio) of the list amounts to 13.69 while the average forward price to earnings ratio is 9.74. The dividend yield has an average value of 7.55 percent. Price to book ratio is 5.04 and price to sales ratio 3.27. The average operating margin amounts to 20.04 percent.
High Yield Stocks Close to 52-Week Lows |
Related stock ticker symbols:
PTNR, UMC, VE, MCY, SEP, HNP, SID, MBT
Selected Articles:
Disclosure:
I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.