Tuesday, December 4, 2007

Dividend stocks. Another way to protect your portfolio.

Lately I've been publishing ways how to cover you portfolio in days of uncertainty. Currently I am searching for high quality dividend stocks. Among big caps top payers are usually banks and financials like Bank of America (BAC), Wachovia (WB) or Citigroup (C) with dividend yield around 6.
I've searched caps with market capitalization at least 5B and P/E below 15 and the winner is Magyar Telekom (MTA) with dividend yield 14. Also I rather prefer telco before financials nowadays. European telecommunication sector is one of my favourite. All good started with better than expected earnings results for France Telecom (FTA.PA). I still keep long position in Deutsche Telekom (DTE.DE). Both are traded at 52 weeks high.

Comments

2 Responses to "Dividend stocks. Another way to protect your portfolio."

4Life said... December 5, 2007 at 5:00 PM

Make sure you do your homework on (C). I have been looking at (C) and here are a few of my posts on it:

http://dividends4life.blogspot.com/2007/11/whats-up-with-citis-c-payday-loan.html

http://dividends4life.blogspot.com/2007/11/financial-melt-down-continues.html

Best Wishes,
Dividends4Life

Vlada, Czech Republic said... December 10, 2007 at 9:34 PM

very interesting. Thanks for deep analysis.