Top 10 Net Payout Yields For November 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.
October Returns Below are two charts highlighting the monthly returns of the top 10 stocks from October (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 October following a volatile few months. The S&P 500 index produced another solid gain, but Allergan (AGN) held back the top stocks. Investors appetite for the stock soured sending Allergen down 14% and highlights the problems with one-time buybacks versus consistent repurchases on weakness. CBS (CBS) added to the misery for the group with a disappointing 3% loss. Both AIG (AIG) and Corning (GLW) rallied around 5% to offset the weakness in the group while CenturyLink (CTL) had a very small gain. In total, the Top 5 stocks lost 1.3% for October in comparison to the 2.2% gain of the benchmark S&P 500.
AGN data by YCharts
The Next 5 stocks had an equally bad month for October following the big gain in September. The nice gains from General Motors (GM) and... Read more