Top 10 Net Payout Yields For October 2017

This article is a continuation of a monthly series highlighting the top net payout yield (NYSE: NPY) stocks that was started back in June 2012 (see article) and explained in August 2012 (see article). The series highlights the best stocks for the upcoming month utilized in part to make investment decisions for the Covestor model that is now beating the S&P 500 for five out of the last six years. Please review the original articles for more information on the NPY concept.
September Returns Below are two charts highlighting the monthly returns of the top 10 stocks from September (see list here). For presentation reasons, the chart is broken into the Top 5 and Next 5 lists.
The Top 5 stocks had a very weak September following a volatile few months. The S&P 500 index produced another solid gain, but several of the Top 5 stocks were hit by various issues. CBS (CBS) and Allergan (AGN) both dipped roughly 10% on the month as investors lost faith in the business outlook for both the media and biopharma stocks. AIG (AIG) and Discover Financial (DFS) rallied as the financials had a strong both along with Corning (GLW). The gains of these three stocks weren't enough to overcome the large losses of CBS and Allergen. In total, the Top 5 stocks lost 1.1% for September in comparison to the 1.9% gain of the benchmark S&P 500.
AIG data by YCharts
The Next 5 stocks had a sizable gain to bounce back from a large loss in August. Outside of a disappointing 4% loss from... Read more