When tasked with finding the best of large-dividend stocks, I quickly discovered I already owned two of them.
Both Frontline (FRO) and Terra Nitrogen (TNH) have positive cash flow; great return on assets and even greater return on equity; significant growth in revenues and earnings; large insider ownership; and most importantly, massive dividend yields (18.7% and 14.3% respectively) backed by hard assets (oil tankers and fertilizer). The dividends are somewhat lumpy, but that lumpiness always seems to be to the upside - even if management decided to halve them, the dividends would still be quite large.
Here's my current portfolio. As always, I believe in all of these stocks - until I sell them.
Dominion Resources Black Warrior Trust (DOM) 12.64%
Southern Copper (PCU) 10.72%
Frontline (FRO) 8.72%
Terra Nitrogen (TNH) 8.49%
Ace Limited (ACE) 6.41%
Diana Shipping (DSX) 6.29%
Goldman Sachs (GS) 6.15%
Google (GOOG) 5.80%
Apple (AAPL) 5.78%
Tesoro (TSO) 5.22%
Tidewater (TDW) 4.81%
Hansen Medical (HNSN) 4.26%
Nintendo (NTDOY.PK) 4.25%
Apache (APA) 4.11%
Vestas Wind Systems (VWSYF.PK) 3.36%
Companhia Siderurgica Nacional (SID) 2.78%
