high yield

11 Healthcare Facilities Stocks with High Dividend Yields

Oct 18th, 2010
by Sean.
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In this article, I will list 11 Healthcare Facilities stocks with the highest dividend yields. Healthcare Facilities is a good sector to look for income stocks, especially for the long term. They have a long history of paying out dividends.  In addition to the dividend yield, I will also looked at Dividend Consistency, which is a metric I use to check how reliable the dividend income are historically.

A consistent dividend payout indicates that the company has a strong balance and can pay out the dividends regardless of the market conditions. Dividend Consistency means that the company has pay a dividend every quarter since the first dividend issued and that the dividends in subsequent quarters are equal to or greater than the previous quarters.

The dividends payout are graphed to illustrate the payouts from the time of dividend inception to present. For the companies with dividend consistency, the average dividend percentage growth is calculated over the past ten years, using this formula: (more…)

10 High-Yield Savings Accounts 2009

Feb 27th, 2009
by Sean.
3 comments

In this economy, we want to protect our money but at the same time, we want to our money to work for us.  Stocks and mutual funds historically have the best returns, however since the credit crisis, the market has seen some extreme volatility and there are high risks in playing with equities and commodities in this uncertain economy.

One of the best alternatives for the risk-adverse is to store the money in a high-yield savings account. This high-yield savings account can also be used to park our emergency funds, because the money is liquid or easily accessible. The money sits in a safe account, where the principal amount is protected and earns a high-yield interest rate.

The national average interest yield is at a measly rate of 0.42% APY. We want to earn the most interest without a trade-off for risk. If we can find savings accounts with at least 600% or more than the national average interest yield, and our initial deposit will still be insured by FDIC, it would be wise to choose the higher interest yield accounts. Below are 10 savings accounts with some of the highest Annual Percentage Yields (APY).

The current National Average interest yield is 0.42% APY according to Bankrate.com.
bankrate-national-average-savings-rate

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High-Yield Savings Account #1

Broadway Federal Bank offers 3.56% APY in a savings account. Minimum to open account is $1,000. Only available online.

broadway-federal-bank-logo
broadway-federal-bank-savings-account

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High-Yield Savings Account #2

ShoreBank offers 3.15% APY. Minimum balance is $1. No monthly fees. shorebank-direct-online-savings

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High-Yield Savings Account #3

Alliant Credit Union offers 3.00% APY and only requires a minimum amount of $5 to receive the advertised interest rate. Minimum balance is $5. Fee Schedule.
alliant-credit-union-savings-account

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High-Yield Savings Account #4

Danversbank Online Savings Account offers 3.00% APY and only requires a minimum amount of $0.01 to receive the advertised interest rate. Minimum balance is $1.

danversbank-logodanversbank-online-savings-account

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High-Yield Savings Account #5

CNB Bank Direct Online Savings Account offers 3.00% APY. Minimum to open account is $1. No minimum balance.
cnb-bank-direct-osa

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High-Yield Savings Account #6

Chesapeake Bank Online Savings Account offers 2.85% APY. Minimum balance is $1.chesapeake-bank-osa

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High-Yield Savings Account #7

Provident Direct offers 2.82% APY. Minimum to open account is $1. No minimum balance. No monthly fees.provident-direct-savings-account

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High-Yield Savings Account #8

GMAC Bank offers 2.75% APY. Minimum to open account is $1. No minimum balance. No monthly fees.gmac-bank-savings-account

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High-Yield Savings Account #9

Presidential Online Bank offers 2.60% APY. Minimum to open account is $5,000. No monthly fees.

presidential-bank-logo
presidential-bank-premier-savings-rate

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High-Yield Savings Account #10

FNBO Direct offers 2.40% APY. Minimum to open account is $1. No minimum balance. No monthly fees.fnbo-direct-osa

Related:
Top 10 High-Yield Savings Accounts July 2010

5 High Yield Dividend Stocks for 2009

Jan 23rd, 2009
by Sean.
8 comments

In a recession year, there may be little growth in the economy, but that does not mean our portfolios have to suffer. In the time we are waiting for the stock market to pick up again, holding high yield dividend stocks is the best way to increase profits. We look for solid companies that provide consistent dividend. Here are 5 dividend stocks that have good consistent dividend payouts and are expected to grow when the market recovers.

Pfizer

Pfizer Inc. (PFE)
Sector: Healthcare
Industry: Drug Manufacturers – Major
Company: Pfizer is the largest pharmaceutical manufacturer with $26B in cash reserves and has been paying a consistent dividend over the years. Pfizer has a huge research and development (R&D) unit and it is only a matter of time before they launch a new blockbuster drug.
Price: $18.27 (as of close on 1/2/2009)
Annual Dividend: $1.28
Annual Dividend Yield: 7.01% (as of close on 1/2/2009)
Dividend Payout Frequency: Quarterly
Recent Dividend Payouts:
5-Nov-08 $ 0.32 Dividend
6-Aug-08 $ 0.32 Dividend
7-May-08 $ 0.32 Dividend
6-Feb-08 $ 0.32 Dividend

Verizon

Verizon Communications Inc. (VZ)
Sector: Technology
Industry: Telecom Services – Domestic
Company: Verizon Communications, Inc. provides communication services in the United States and internationally. They are well known for their excellent wireless network. Since the introduction of FIOS, the demand for the fiber optics network in residential units has skyrocketed. Verizon is in a good position for growth and carries little risk.
Price: $34.64 (as of close on 1/2/2009)
Annual Dividend: $1.84
Annual Dividend Yield: 5.31% (as of close on 1/2/2009)
Dividend Payout Frequency: Quarterly
Recent Dividend Payouts:
8-Oct-08 $ 0.46 Dividend
8-Jul-08 $ 0.43 Dividend
8-Apr-08 $ 0.43 Dividend
1-Apr-08 $ 0.17 Dividend
8-Jan-08 $ 0.43 Dividend

GE

General Electric Co. (GE)
Sector: Conglomerates
Industry: Conglomerates
Company: General Electric Company (GE) is a diversified company with four segments: GE Capital, Energy Infrastructure, Technology Infrastructure, and NBC Universal.
They operate in the areas of technology, media, and financial services. With $16B in cash, a high dividend yield, and diversity in multiple verticals, GE is a safe bet.
Price: $17.07 (as of close on 1/2/2009)
Annual Dividend: $1.24
Annual Dividend Yield: 7.26% (as of close on 1/2/2009)
Dividend Payout Frequency: Quarterly
Recent Dividend Payouts:
24-Dec-08 $ 0.31 Dividend
18-Sep-08 $ 0.31 Dividend
19-Jun-08 $ 0.31 Dividend
21-Feb-08 $ 0.31 Dividend

conEdison

Consolidated Edison Inc. (ED)
Sector: Utilities
Industry: Diversified Utilities
Company: Consolidated Edison, Inc. is one of the largest energy providers in New York City, but also provides electric, gas, and steam utility services in many parts of the United States. Even during recession, everyone has to pay their electric and gas bills. ED should be a reassuring bet and has good dividend payouts.
Price: $39.26 (as of close on 1/2/2009)
Annual Dividend: $2.34
Annual Dividend Yield: 5.96% (as of close on 1/2/2009)
Dividend Payout Frequency: Quarterly
Recent Dividend Payouts:
7-Nov-08 $ 0.585 Dividend
11-Aug-08 $ 0.585 Dividend
12-May-08 $ 0.585 Dividend
11-Feb-08 $ 0.585 Dividend

Altria

Altria Group Inc. (MO)
Sector: Consumer Goods
Industry: Cigarettes
Company: Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes and other tobacco products in the United States and internationally.
Price: $15.20 (as of close on 1/2/2009)
Annual Dividend: $1.28
Annual Dividend Yield: 8.42% (as of close on 1/2/2009)
Recent Dividend Payouts:
22-Dec-08 $ 0.32 Dividend
11-Sep-08 $ 0.32 Dividend
11-Jun-08 $ 0.29 Dividend
31-Mar-08 $ 51.060001 Dividend
17-Mar-08 $ 0.75 Dividend

Ticker Price Dividend Yield
PFE $18.27 $1.28 7.01%
VZ $34.64 $1.84 5.31%
GE $17.07 $1.24 7.26%
ED $39.26 $2.34 5.96%
MO $15.20 $1.28 8.42%

The average dividend yield of the 5 stocks comes out to approximately 6.80%. The best time to buy them is before the market enters an uptrend.

Disclaimer: As of the article published date, the author holds shares of PFE and GE.

Credits: Data provided by Yahoo! Finance

What To Do With $1K, $5K, or $10K of Savings In Your Twenties?

Mar 22nd, 2005
by Sean.
4 comments

Many recent college graduates have asked what is the best investments for their savings, ranging from a few to tens of thousands of dollars.

The best suggestion is to park your money in a liquid, high interest-bearing bank account while you read up on different types of investments and determine your financial plans and risk tolerance. There are several banks with very high paying interest rates like Emigrant Direct (3.25% APY) and ING DIRECT (2.80% APY).

The biggest mistake you can make is to look at the stock market and without doing any research, sink your money in the market thinking you can double your money in a short period of time. This type of irrational behavior is just blind gambling. If you don’t know what you’re doing, don’t do it. It is very important to prevent disastrous mistakes that can hinder your way to financial success. I know, because I have made mistakes in the past.

With that said, I hope you take the time to plan your goals. Park the money in a high interest savings account to earn interest while you do some research. First, find out your risk tolerance. If you can tolerate investment vehicles with high volatility, you could read up on the stock market or real estate investments. If you cannot tolerate much volatility or have the time to do research, go with mutual funds, high-rate CDs, or safe bonds.

Ultimately, you’re going to be the best financial planner for yourself. It does not have to take up much of your time. Spend a few hours planning for your future and it will make a big difference in the long run. Take an hour or two every month to make sure you stay on the right path. You can still manage your finances while looking for a job or working full-time. Before you know it, you will be well on your way to reaching your financial goals.