6 Dividend Stocks With Recent Broker Upgrades

I ran a screen for broker rating changes last week and picked out only the stocks that have been upgraded by brokers and have a relatively high dividend yield (higher than 3%). This list is a quick-pick list only that requires further research into each of the stocks before making an investment decision. However, I believe it can give some food for thought if you are looking for stocks with high dividend yields and recent positive fundamental changes. 1) HSBC Holdings plc (HBC) provides various banking and financial products and services. On June 13, 2012, HSBC Holdings plc was upgraded from Neutral to Outperform at Credit Suisse. The company has 4.80% trailing annual dividend yield, 4.20% forward annual dividend yield, 4.40% 5-year average annual dividend yield and pays out 50.03% of its earnings as dividends. Other market ratios: P/E Ratio: 10.68, Forward P/E Ratio: 6.38, P/S Ratio: 2.89, P/B Ratio:... Read more