Top Net Payout Yields - September 2019
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 and explained in August 2012. The series highlights the best stocks for the upcoming month, utilized in part to make investment decisions for the Interactive Advisors. Please review the original articles for more information on the NPY concept.
August Returns
Below are two charts highlighting the returns of the top 10 stocks from August (see list here). For presentation reasons, the chart is broken into the Top 5 and Next 5 lists and compared to the S&P 500 benchmark index along with the Cambria Shareholder Yield ETF (NYSEARCA: SYLD), which offers a fund for comparison purposes that is aligned with the NPY concept.
The Top 5 stocks had a weak August following an incredible start to the year. The performance far under performed the benchmark S&P 500 index that was only down 1.6% in the month. Only Qualcomm (QCOM) generated a positive total return in the month with NetApp (NTAP) tanking 17.8% following weak results. Other technology stocks likes Oracle (ORCL) and NXP Semiconductors (NXPI) had weak months along Walgreens Boots Alliance (WBA) dipping 5.2%. The Cambria fund produced an equally large 6.1% yield as the market fled high-yielding stocks. In total, the Top 5 stocks lost 5.1% for August to vastly underperform the benchmark S&P 500 index and slightly beat the Shareholder Yield ETF.
Data by YCharts
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