In the light of the big news about the death of Osama Bin Laden, it should be an interesting on the world markets. That being said, no matter what happens, I think it’s fair to say that you should not let your future financial independence depend on world events such as this one. That is one reason why this monthly post is always so popular as it represents a good first step to build and improve your
passive income portfolio in what could be the difference between an early & enjoyable retirement and a very late retirement where you depend on your former employer or the government to determine the level of your life. So today we resume our monthly tradition of looking at the top 100 dividend stocks in the broad based S&P500 index.
What to look for
Over the past few months, we have looked at quite a few criteria that have helped us find the best dividend stocks including current yield, dividend growth and also companies that produce solid enough earnings to keep up the dividend payments. We summed it all up when we discussed the
20 things that we look for in dividend stocks.
FTR remains once more at the top of our list although it continues to pay out much more than what it makes making its 9% dividend yield unsustainable for now. We did review FTR in the mailing list a few months and did determine it was not a great dividend stock. Both the #2 and #3 positions are also telephone/telecom stocks. Once again, later this week, we will be focused on growth stocks as those seem to be the key to a long term dividend portfolio.
Hopefully this will help you when building your
passive dividend porrtfolio.
We will be filtering out the top 100 list to find the ones that fit all of these criteria! In the meantime, here is the list!
| Ticker | Name | Price | Dividend Yield | Payout Ratio | Ex-Date |
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| FTR | Frontier Communications Corp | 8.27 | 9.07 | 346.75 | 6/7/2012 |
| WIN | Windstream Corp | 12.81 | 7.81 | 150.63 | 6/28/2012 |
| CTL | CenturyLink Inc | 40.78 | 7.11 | 92.65 | 6/6/2012 |
| PBI | Pitney Bowes Inc | 24.56 | 6.03 | 97.09 | 5/11/2012 |
| RAI | Reynolds American Inc | 37.11 | 5.71 | 81.34 | 6/8/2012 |
| MO | Altria Group Inc | 26.84 | 5.66 | 77.98 | 6/13/2012 |
| POM | Pepco Holdings Inc | 19.27 | 5.6 | 173.38 | 6/8/2012 |
| T | AT&T Inc | 31.12 | 5.53 | 52.32 | 7/8/2012 |
| RRD | RR Donnelley & Sons Co | 18.86 | 5.51 | 96.71 | 8/2/2012 |
| FE | FirstEnergy Corp | 39.96 | 5.5 | 85.46 | 5/4/2012 |
| HCN | Health Care REIT Inc | 53.77 | 5.32 | 554.64 | 5/6/2012 |
| LLY | Eli Lilly & Co | 37.01 | 5.29 | 42.75 | 5/11/2012 |
| DUK | Duke Energy Corp | 18.65 | 5.25 | 97.07 | 5/18/2012 |
| AEE | Ameren Corp | 29.31 | 5.25 | 264.75 | 6/6/2012 |
| PGN | Progress Energy Inc | 47.45 | 5.23 | 83.83 | 7/8/2012 |
| TEG | Integrys Energy Group Inc | 52.36 | 5.2 | 94.56 | 5/25/2012 |
| VZ | Verizon Communications Inc | 37.78 | 5.16 | 213.72 | 7/6/2012 |
| PPL | PPL Corp | 27.43 | 5.1 | 63.35 | 6/8/2012 |
| CINF | Cincinnati Financial Corp | 31.68 | 5.05 | 68.7 | 6/20/2012 |
| AEP | American Electric Power Co Inc | 36.48 | 5.04 | 68.04 | 5/6/2012 |
| EXC | Exelon Corp | 42.15 | 4.98 | 54.31 | 5/11/2012 |
| LO | Lorillard Inc | 106.5 | 4.88 | 62.68 | 5/26/2012 |
| HCP | HCP Inc | 39.62 | 4.85 | 198.62 | 5/5/2012 |
| PNW | Pinnacle West Capital Corp | 43.39 | 4.84 | 67.88 | 7/29/2012 |
| SO | Southern Co | 39.04 | 4.84 | 75.75 | 8/4/2012 |
| ETR | Entergy Corp | 69.72 | 4.76 | 48.31 | 5/10/2012 |
| NI | NiSource Inc | 19.45 | 4.73 | 86.8 | 7/27/2012 |
| BMY | Bristol-Myers Squibb Co | 28.1 | 4.7 | 71.24 | 6/29/2012 |
| SCG | SCANA Corp | 41.52 | 4.67 | 63.56 | 6/8/2012 |
| ED | Consolidated Edison Inc | 52.12 | 4.61 | 68.15 | 5/16/2012 |
| PBCT | People’s United Financial Inc | 13.69 | 4.6 | 254.49 | 7/29/2012 |
| DTE | DTE Energy Co | 50.53 | 4.43 | 58.25 | 6/16/2012 |
| TE | TECO Energy Inc | 19.27 | 4.26 | 73.1 | 5/11/2012 |
| PEG | Public Service Enterprise Group Inc | 32.17 | 4.26 | 44.51 | 6/7/2012 |
| CNP | CenterPoint Energy Inc | 18.6 | 4.25 | 72.35 | 5/12/2012 |
| D | Dominion Resources Inc/VA | 46.42 | 4.24 | 36.37 | 5/25/2012 |
| CMS | CMS Energy Corp | 19.8 | 4.24 | 43.38 | 5/4/2012 |
| KMB | Kimberly-Clark Corp | 66.06 | 4.24 | 58.87 | 6/8/2012 |
| MRK | Merck & Co Inc | 35.95 | 4.23 | 549.36 | 6/15/2012 |
| XEL | Xcel Energy Inc | 24.33 | 4.15 | 61.8 | 6/21/2012 |
| VTR | Ventas Inc | 55.93 | 4.11 | 153.91 | 6/8/2012 |
| LEG | Leggett & Platt Inc | 26.29 | 4.1 | 87.94 | 6/13/2012 |
| PCG | PG&E Corp | 46.08 | 3.95 | 60.24 | 6/28/2012 |
| PCL | Plum Creek Timber Co Inc | 43.09 | 3.9 | 134.65 | 5/11/2012 |
| NEE | NextEra Energy Inc | 56.57 | 3.89 | 41.93 | 6/1/2012 |
| PFE | Pfizer Inc | 20.96 | 3.82 | 72.18 | 5/11/2012 |
| PAYX | Paychex Inc | 32.71 | 3.79 | 93.94 | 7/28/2012 |
| LMT | Lockheed Martin Corp | 79.25 | 3.79 | 36.64 | 5/27/2012 |
| CAG | ConAgra Foods Inc | 24.45 | 3.76 | 46.82 | 7/27/2012 |
| FII | Federated Investors Inc | 25.78 | 3.73 | 127.68 | 5/4/2012 |
| PM | Philip Morris International Inc | 69.44 | 3.69 | 61.77 | 6/21/2012 |
| KIM | Kimco Realty Corp | 19.54 | 3.69 | 361.29 | 6/29/2012 |
| ABT | Abbott Laboratories | 52.04 | 3.69 | 59.05 | 7/15/2012 |
| SYY | Sysco Corp | 28.91 | 3.6 | 49.64 | 6/29/2012 |
| SE | Spectra Energy Corp | 29.04 | 3.58 | 62.32 | 5/11/2012 |
| RTN | Raytheon Co | 48.55 | 3.54 | 30.6 | 7/6/2012 |
| HNZ | HJ Heinz Co | 51.23 | 3.51 | 58.04 | 6/21/2012 |
| SRE | Sempra Energy | 55.1 | 3.49 | 51.56 | 6/14/2012 |
| HRB | H&R Block Inc | 17.29 | 3.47 | 41.09 | 6/7/2012 |
| JNJ | Johnson & Johnson | 65.72 | 3.47 | 43.54 | 5/26/2012 |
| WM | Waste Management Inc | 39.46 | 3.45 | 63.38 | 5/26/2012 |
| KFT | Kraft Foods Inc | 33.58 | 3.45 | 81.98 | 6/27/2012 |
| CPB | Campbell Soup Co | 33.59 | 3.45 | 44.08 | 6/30/2012 |
| MAT | Mattel Inc | 26.72 | 3.44 | 42.53 | 5/23/2012 |
| IP | International Paper Co | 30.88 | 3.4 | 27.48 | 5/13/2012 |
| MCHP | Microchip Technology Inc | 41.04 | 3.36 | 115 | 5/17/2012 |
| GAS | Nicor Inc | 55.43 | 3.36 | 61.42 | 6/28/2012 |
| HCBK | Hudson City Bancorp Inc | 9.53 | 3.36 | 55.05 | 5/3/2012 |
| COP | ConocoPhillips | 78.93 | 3.35 | 27.95 | 5/19/2012 |
| GPC | Genuine Parts Co | 53.7 | 3.35 | 54.45 | 6/8/2012 |
| WEC | Wisconsin Energy Corp | 31.21 | 3.33 | 41.15 | 5/11/2012 |
| EIX | Edison International | 39.27 | 3.26 | 32.91 | 6/28/2012 |
| PG | Procter & Gamble Co/The | 64.9 | 3.24 | 48.84 | 7/20/2012 |
| MTB | M&T Bank Corp | 88.37 | 3.17 | 48.21 | 5/26/2012 |
| CLX | Clorox Co | 69.66 | 3.16 | 48.09 | 7/26/2012 |
| NOC | Northrop Grumman Corp | 63.61 | 3.14 | 26.74 | 5/26/2012 |
| AVP | Avon Products Inc | 29.38 | 3.13 | 63.71 | 5/18/2012 |
| INTC | Intel Corp | 23.19 | 3.13 | 30.56 | 5/4/2012 |
| MCD | McDonald’s Corp | 78.31 | 3.12 | 48.68 | 5/26/2012 |
| SVU | SUPERVALU Inc | 11.26 | 3.11 | N/A | 5/27/2012 |
| NUE | Nucor Corp | 46.96 | 3.09 | 339.9 | 6/28/2012 |
| NU | Northeast Utilities | 35.6 | 3.09 | 46.84 | 5/27/2012 |
| BMS | Bemis Co Inc | 31.34 | 3.06 | 50.66 | 5/18/2012 |
| K | Kellogg Co | 57.27 | 3 | 46.83 | 5/27/2012 |
| NYX | NYSE Euronext | 40.05 | 3 | 43.85 | 6/14/2012 |
| OKE | Oneok Inc | 69.94 | 2.98 | 57.84 | 7/27/2012 |
| MWV | MeadWestvaco Corp | 33.69 | 2.97 | 61.83 | 7/28/2012 |
| GE | General Electric Co | 20.45 | 2.93 | 42.29 | 6/16/2012 |
| GIS | General Mills Inc | 38.58 | 2.9 | 42.06 | 7/7/2012 |
| DD | EI du Pont de Nemours & Co | 56.79 | 2.89 | 49.75 | 5/11/2012 |
| VNO | Vornado Realty Trust | 96.68 | 2.86 | 77.37 | 5/5/2012 |
| CVX | Chevron Corp | 109.44 | 2.85 | 29.81 | 5/17/2012 |
| AVB | AvalonBay Communities Inc | 126.61 | 2.82 | 304.59 | 6/28/2012 |
| BLK | BlackRock Inc | 195.94 | 2.81 | 37.62 | 6/3/2012 |
| SPG | Simon Property Group Inc | 114.54 | 2.8 | 123.98 | 5/13/2012 |
| PEP | PepsiCo Inc/NC | 68.89 | 2.79 | 47.92 | 6/1/2012 |
| KO | Coca-Cola Co/The | 67.46 | 2.79 | 34.4 | 6/13/2012 |
| MMC | Marsh & McLennan Cos Inc | 30.28 | 2.78 | 79.67 | 7/6/2012 |
| UPS | United Parcel Service Inc | 74.97 | 2.77 | 54.73 | 5/19/2012 |
| PLD | ProLogis | 16.29 | 2.76 | N/A | 5/11/2012 |
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