In December, I chose three dividend stocks that I thought would be solid performers for 2011. Two months into 2011, after they've reported earnings, I'm taking a look at how they've performed compared to the S&P. The three dividend stocks were Frontier Communications (NYSE: FTR), Altria (NYSE: MO), and Annaly Capital (NYSE: NLY). Each pays a huge yield, ranging from Altria's 6.2% to Annaly's 14.6%. Those big yields also mean that you're not likely to see as much capital appreciation as you would with fast dividend growers.
With the exception of Frontier, these players are in the ballpark of the S&P's return for the year. Most of Frontier's year-to-date 15% price plunge occurred after it reported disappointing earnings earlier this week. But dividends are such a huge part of these companies' total return profiles, and each business has yet to start paying its 2011 dividends.
Source: Motley Fool
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Posted by D4L | Sunday, March 06, 2011 | ArticleLinks | 0 comments »________________________________________________________________
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