Top Net Payout Yields - October 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.
September Returns
Below are two charts highlighting the 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 and compared to the S&P 500 benchmark index along with the Cambria Shareholder Yield ETF (SYLD), which offers a fund for comparison purposes that is aligned with the NPY concept.
The Top 5 stocks had a strong snapback rally in September following a weak August. The performance of these stocks easily exceeded the benchmark S&P 500 index that was up a strong 1.9% in the month. Only Qualcomm (QCOM) saw the stock decline during the month with the remaining stocks all generating total returns in excess of 3.4%. NetApp (NTAP) topped the list with a 9.3% return while NXP Semiconductors (NXPI) was nearly as strong at a 7.2% total return for September. Oracle (ORCL) and Johnson Controls (JCI) had solid months with 5.7% and 3.4% total returns, respectively. The Cambria fund produced a very large 6.5% gain as the market fled to high-yielding stocks. In total, the Top 5 stocks gained 4.9% for September to... Read more