This Millennium's 10 Best Dividend Stocks
By examining the top performers of the last 11 years, I want to find traits that the top performers of the 2010s should also have. I sought stocks with a market cap greater than $1 billion and steady annual dividend payments, and I excluded royalty trusts or master limited partnerships, which are taxed differently. Here's what I found:
Rank
Company Name
Return Since Millennium
Current Yield
1
HollyFrontier (NYSE: HFC)
5,016.3%
0.9%
2
Raven Industries (Nasdaq: RAVN)
2,815.6%
1.4%
3
Precision Castparts (PCP)
2,260.9%
0.1%
4
Southern Copper (NYSE: SCCO)
2,252.6%
8%
5
Lufkin Industries (Nasdaq: LUFK)
2,119.3%
0.8%
6
PotashCorp (NYSE: POT)
2,060.5%
0.5%
7
Cliffs Natural Resources (NYSE: CLF)
2,056.3%
1.5%
8
World Fuel Services (NYSE: INT)
1,973%
0.4%
9
Valhi (NYSE: VHI)
1,450.1%
1%
10
Cabot Oil & Gas (NYSE: COG)
1,285.9%
0.2%
Source: Capital IQ, a division of Standard and Poor's. Return from Dec. 31, 1999-Aug. 23, 2011.
HollyFrontier was the top dividend stock of the millennium so far, with a return of 5,016.3%. So what do all these stocks have in common?... Read more