9 Domestic Telecom Stocks With Yields Over 3%

Despite the outsized gains by the bond proxy sectors this year, which include telecoms, utilities and real estate investment trusts (REITs), one of those sectors still trades cheap to the S&P 500. 

While utilities trade at 17.3 times estimated 2016 earnings and REITs at 18.8, telecoms trade at a low 13.8 times, which is far below the S&P 500 at 16.6%. 

In addition, the telecoms have been hit by waves of profit-taking, which have knocked them down into a range that looks inviting.

In an interesting note, RBC makes the case that while the bond proxy stocks are definitely at a premium, as a group they trade in line with the S&P 500. 

While acknowledging that they may be more susceptible to rising rates, the firm also cites investor appetite for them when yields remain low, which they could for some time. 

We screened for quality telecom stocks that pay solid and dependable dividends. These four look very attractive now.

Here are the results...

Ex-Dividend Stocks: Best Dividend Paying Shares On March 20, 2013

The best yielding and biggest ex-dividend stocks researched by ”long-term-investments.blogspot.com”. Dividend Investors should have a quiet overview of stocks with upcoming ex dividend dates.

The ex dividend date is the final date on which the new stock buyer couldn’t receive the next dividend. If you like to receive the dividend, you need to buy the stock before the ex dividend date. I made a little screen of the best yielding stocks with a higher capitalization that have their ex date on the next trading day.

A full list of all stocks with payment dates can be found here: Ex-Dividend Stocks March 20, 2013. In total, 17 stocks and preferred shares go ex dividend - of which 8 yield more than 3 percent. The average yield amounts to 3.24%.

Company	Ticker	Mcap	P/E	P/B	P/S	Yield
PennantPark Investment Corporation	PNNT	435.00M	9.24	1.16	3.64	9.33%
PennantPark Floating Rate Capital Ltd.	PFLT	-	-	-	-	7.28%
HSBC Holdings plc	HBC	201.19B	14.75	1.15	3.55	6.62%
Aviva plc	AV	4.45B	20.72	0.68	0.84	6.47%
SmartPros Ltd.	SPRO	7.11M	-	0.65	0.44	3.97%
LS Starrett Co.	SCX	64.90M	-	0.57	0.26	3.73%
Nicholas Financial Inc.	NICK	159.75M	7.57	1.29	2.28	3.64%
EarthLink Inc.	ELNK	567.81M	78.71	0.79	0.42	3.63%
Intercontinental Hotels Group	IHG	8.09B	15.79	26.46	4.41	2.85%
JMP Group Inc.	JMP	147.96M	54.58	1.17	1.03	2.14%
Hawkins Inc.	HWKN	414.06M	25.46	2.44	1.20	1.73%
Convergys Corporation	CVG	1.80B	67.96	1.35	0.90	1.41%
Mentor Graphics Corp.	MENT	1.95B	14.58	2.01	1.81	1.04%
Computer Task Group Inc.	CTGX	425.33M	26.05	4.14	1.02	0.88%
Financial Engines, Inc.	FNGN	1.67B	94.14	6.34	9.01	0.57%
World Fuel Services Corp.	INT	2.84B	14.88	1.87	0.07	0.38%
Advance Auto Parts Inc.	AAP	5.94B	15.46	4.89	0.96	0.30%