3 High Dividend Stocks With Heavy Institutional Buying
Wondering what high dividend stocks the big boys have been buying during the pullback? So were we, so we screened for high dividend paying stocks with heavy institutional buying over the past quarter, and came up with 2 Energy stocks, and a Utility stock, all 3 of which are listed in our High Dividend Stocks by Sector Tables :Even with these big increases in institutional buying, these 3 foreign dividend stocks still have a lot of room to grow for more institutional ownership.
Financial Metrics:
YPF Sociedad Annima (YPF) and National Grid (NGG) pay semi-annual dividends, which is fairly typical of many foreign stocks, while Pengrowth Energy Trust (PGH) is a former trust which converted to a corporation on Jan. 1, 2011, as did many Canadian trusts, due to the change in Canadian tax laws.PGH's anemic Return on Equity of only 4.24% is typical of many Canadian Oil... Read more