High dividend yield stocks in S&P500

For those who like dividend stocks I have run my screener for all 500 companies in index S&P 500 with dividend yield 5 or higher. Currently 37 companies matching this criteria.

On top of the rank is time Time Warner Cable (TWC) with incredible yield of 72%. The number doesn't describe the real picture after separation and dividend spin-off with Time Warner Inc (TWX). More information at Time Warner homepage.

Other two positions come from Financial sector. American International group (AIG) and MBIA Inc (MBI) with 56% yield respectively 37% yield. For this extremely high yields you take risks of dividend cuts and high volatility of shares. On the other hand both companies faced in short-term significant pullback and are traded near short-term lows.

First company with "normal" dividend yield is traditionally from Telco, Frontier Communications Corporation (FTR), with 12%.

Eastman Kodak (EK) is last company with yield above 10%. Current dividend yield ratio is 11%.