The Best Dividend Stocks In 2013 - Part 2
In our previous article on this subject, we discovered that, within the S&P 500, non-paying stocks had outperformed dividend paying stocks in the first 2 quarters of 2013. This trend continued in 2013's 3rd quarter: So, should you abandon steady dividend streams and try to time the market with non-paying stocks? Take a look at the S&P 2013 non- dividend paying winners as of 9/30/13. 4 stocks out of this top 10 group aren't profitable firms, the highest yielding stock, Pitney Bowes, (PBI), has a Price/Book of over 185 and a mountain of debt, and the 2nd best performer, Netflix, (NFLX), has a P/E over 400! PBI also had a Short Ratio of over 15 as of 9/30/13.
Here's a look at the Top 10 performing S&P 500 dividend stocks. This list was screened for dividend yields over 1%, positive profits, and a short ratio below... Read more