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28 US Dividend Stocks from the DJ STOXX Global Select Dividend 100 Index

The Dow Jones STOXX® Global Select Dividend 100 Index tracks the performance of the 100 highest-yielding dividend companies in North America, Asia/Pacific and Europe. Of the 40 stocks from North America, 28 are from the U.S. and the rest are from Canada. Some of the Canadian components in this index include Enbridge (ENB), Bank of Montreal (BMO), Trans-Canada Corp (TRP), National Bank of Canada (NA.TO), etc. In this post, lets take a quick look at the US companies represented in this index.

The 28 US stocks in the  DJ STOXX Global Select Dividend 100 Index and their Current Dividend Yields are shown below:

S.No. Company Ticker Dividend Yield as of Dec 9,2009
1 Altria MO 7.06%
2 Ameren Corporation AEE 5.76%
3 AT&T T 5.94%
4 Avery Dennison Corp AVY 2.11%
5 BB&T Corporation BBT 2.32%
6 Centurytel Inc 7.66%
7 Cincinnati Financial Corp CINF 6.22%
8 Consolidated Edison Inc ED 5.36%
9 Dow Chemical DOW 2.18%
10 DTE Energy Co DTE 4.98%
11 Duke Energy Corp DUK 5.50%
12 Firstenergy Corp FE 4.95%
13 Genuine Parts Co GPC 4.27%
14 Limited Brands Inc LTD 3.32%
15 M&T Bank Corp MTB 4.39%
16 Mattel Inc MAT 3.77%
17 Merck MRK 4.18%
18 New York Community Bancorp Inc NYB 7.91%
19 Pepco Holdings Inc PEP 2.84%
20 Pfizer PFE 3.60%
21 Pitney Bowes Inc PBI 6.32%
22 PNC Financial Services Group PNC 0.75%
23 Progress Energy PGN 6.07%
24 Public Service Enterprise PEG 4.17%
25 Regions Financial Corp RF 0.70%
26 Reynolds American Inc RAI 6.93%
27 Southern Co SO 5.28%
28 Verizon VZ 5.69%

Altria (MO), CenturyTel (CTL) and New York Community Bancorp (NYB) offer over 7% dividends now. Altria is a favorite stock among many US dividend investors. It expects to maintain a dividend payout ratio of about  75% of net earnings. A $10,000 investment in the stock on January 2, 1970 would have grown to $516,533.33 for a return of 22,216.14% based on the closing price yesterday. The original 277.78 shares would have increased to 26,666.67 split adjusted. (Source: Investment Value Calculator at Altria’s  IR site).

New York Community Bancorp Inc (NYB) is offering 60 Million shares of common stock at $13.00 per share to fund the acquisition of the failed Cleveland,Ohio-based AmTrust Bank. PNC (PNC) and Regions Financial (RF) in the list are not great dividend payers now. Utilities such as Duke Energy (DUK), Consolidated Edison (ED) offer yields above 5%.

More on this topic (What's this?)
Ten Dividend Kings raising dividends for over 50 years
Twelve Dividend Stocks Increasing Dividends
Read more on News Corporation, Dividends at Wikinvest

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