The Five Largest Quarterly Dividend Stocks

It it amazing that there are dozens of companies paying over 10% yields. Whether they can keep up those rates or even keep paying any more dividends in the future is another story. Four of the following five stocks have market caps over $1 billion, and the other has a market cap over $500 million.

• iStar Financial Inc. (SFI) is a $1.57 billion market cap company which is in the commercial real estate finance industry. The stock has a P/E of 8.2, a PEG of 0.41, and pays a yield of 27.4%.
• Capitalsource Inc. (CSE) with a 2.60 billion market cap, is a finance company for small and medium-sized businesses. The stock has a P/E of 20.6, a PEG of 0.57, and pays a yield of 23.8%.
• Northstar Realty (NRF) is a real estate investment trust which has a 507.16 million market cap. The stock has a P/E of 2.1, a PEG of 0.84, and pays a yield of 17.9%.
• Apollo Investment (AINV) is an investment company which provides mezzanine financing, senior secured loans, and PIPES transactions. The company has a market cap of $1.96 billion. The stock has a PEG of 1.37, and pays a yield of 15.3%.
• Tri Continantal Corp. (TY) is a closed-end equity fund specializing in large-cap stocks. The company has a market cap of $1.69 billion, and pays a yield of 13.1%.

These stocks can be tracked at Stockpickr.com. An Excel database of all twenty of the highest yielding quarterly dividend stocks that can be downloaded, added to, and sorted is available at WallStreetNewsNetwork.com.

Disclosure:  The author does not own any of the above.

Comments

[User 26737]

How long will they be paying the dividend????

[mariposa]

If no div., or big reduction div., I find the exit

[Patrick1980SC]

CapitalSource is almost certainly going to reduce its dividend. Consider the following comments from a recent press release: "Upon the closing of the asset acquisition from FIL, we expect to reevaluate our dividend policy and may decide to retain a majority of our earnings, consistent with dividend policies of other commercial depository institutions, to redeploy in attractive lending opportunities, subject to satisfying our minimum distribution requirements to qualify as a REIT for 2008."

iStar Financial and NorthStar Realty have plenty of capital gains available to support their dividend stream.

[notsosmart]

the author should have checked FRO & NAT.i have no agenda or connection(stockholder... since nobody has figured out a way to pave over the ocean these businesses should be good for a number of years.

[granger]

AOD is missing. Alpine is solid in my opinion. Jill Evans is good. But please do your own research.

[granger]

my apologies, AOD pays monthly