I enjoy creating stock screens as a way to find stocks not already on my watch list. I ran a quick S&P stock screen for dividend stocks that are Strong Buys (5 star) and have a yield of 4% or higher. I am taking a look to see if there are some high quality stocks with high yields that I may want to purchase. This is a good place to start and I will do some additional research to see if I will add any to my portfolio. I need to take a look at some of the communication stocks to add to my portfolio. Currently I have too many banks and no communication companies and just one tech stock, Seagate.

Company Dividend Yield
Altria (MO) 7.23%
AT&T (T) 6.40%
Bristol Myers Squibb (BMY)5.66%
ConocoPhillips (COP) 4.27%
Dominion Resources (D) 5.21%
DPL (DPL) 4.65%
Genuine Parts Company (GPC) 4.45%
Kinder Morgan Energy Partners (KMP) 7.96%
Microchip Technology (MCHP) 5.13%
ONEOK (OKE)4.91%
TOTAL (TOT) ADR 5.95%
Windstream (WIN) 11.35%

Disclosure: The Div Guy owns shares of KMP and OKE at the time of this post.

3 comments

  1. George // August 11, 2009 3:57 PM  

    I came across MCHP myself and bought some. I already had some MO and want more.

  2. George // August 11, 2009 4:01 PM  

    I also have some T and some WIN. I like your picks.

  3. Div Guy // August 11, 2009 7:17 PM  

    George,

    The screen did come up with some interesting picks. I plan to do some more research on MCHP, T and WIN.