Top Transportation Dividend Stocks

As the economy recovers and in particular manufacturing, transportation stocks should benefit from the increased transport of goods. Furthermore, as global trade increases, sea transportation stocks would also benefit. Transportation stocks with reasonable dividend yields could be good additions to many stock portfolios by providing exposure to improving economic conditions with the added benefit of current income. Analysis The analysis was conducted by screening through stocks within in the sector and limiting the selections to stocks with a greater than 1% dividend yield with a desire to find at least a 2% dividend yield. The initial screen showed that there were 191 stocks in this sector and 80 offered a dividend yield at .1% or higher with the maximum yield at 11.3% for Teekay Transportation (TNK). Table 1: Highest Yielding Transportation Stocks Name Ticker February 23 Share Price Dividend Yield (%) Market Capitalization ($ millions) Teekey Tankers Ltd. TNK $11.01... Read more