11 Dividend Paying Stocks Benefiting From Rising Commodity Prices
With all of the talk about rising commodity prices, I've spent a lot of time looking for value stocks that can benefit from rising prices. With that in mind, I ran a screen looking for Russell 1000 stocks with above a 2% dividend yield in the materials or oil and gas sector. The following 11 companies made the cut (one stock that could be interesting, Freeport McMoRan (FCX), just missed the cut with a dividend yield of 1.92%):
Ticker Company Name Dvd Yld EV / EBITDA P/E
(SCCO) SOUTHERN COPPER 5.55 12.31 22.83
(COP) CONOCOPHILLIPS 3.42 5.48 12.99
(OGE) OGE ENERGY CORP 3.17 8.16 15.26
(NUE) NUCOR CORP 3.09 16.27 106.64
(CMC) COMMERCIAL METAL 2.90 31.52
(CVX) CHEVRON CORP 2.82 5.34 10.81
(IP) INTL PAPER CO 2.72 5.77 14.12
(WMB) WILLIAMS COS INC 2.69 7.97 46.45
(SUG) SOUTHERN UNION 2.23 10.93 14.79
(MRO) MARATHON OIL 2.08 5.42 13.26
(XOM) EXXON... Read more