Stocks still below 60% of 52 week high with dividends over 5%

Thanks - 3 out of the 4 I listed are energy stocks. Wells Fargo being the exception. ET looks very tempting based on the dividend. Time to do some research.

I like EPD and WPC a little better if you need yield.

I'd stay away from financials but the high yields with commodity exposure are really tempting.

Not sure of the % off high, but I own HCFT and they just declared the same dividend they had before pandemic. Last earnings call they said 90% of their properties (they’re a REIT) didn’t miss a mortgage payment. Not sure how long that holds though

I found 256...here are the 20 largest by market cap. Back testing found stocks matching these criteria earned 4.50% a year..


Ticker Name Start End Pct MktCap Yield PriceH
1
T AT&T Inc 29.99 30.78 2.63 217,319.08 6.82 39.70
2
XOM Exxon Mobil Corp 45.35 48.00 5.84 199,444.70 7.38 77.93
3
CVX Chevron Corp 89.09 93.83 5.32 172,490.19 5.59 127.00
4
CHL China Mobile Ltd 34.45 35.00 1.60 143,041.74 5.97 46.03
5
ABBV AbbVie Inc 91.27 96.85 6.11 136,533.37 5.10 99.35
6
BHP BHP Group Ltd 48.25 49.87 3.36 126,443.68 5.72 59.02
7
PM Philip Morris International Inc 69.70 74.90 7.46 109,651.40 6.65 90.17
8
IBM International Business Machines Corp 119.19 125.83 5.57 108,242.92 5.35 158.75
9
TOT TOTAL SA 38.43 40.62 5.70 101,871.96 7.50 56.91
10
RIO Rio Tinto Group 55.59 57.71 3.81 93,215.21 7.70 64.02
11
BTI British American Tobacco PLC 37.54 39.84 6.13 87,442.51 6.90 45.64
12
TD Toronto-Dominion Bank (The) 44.74 46.20 3.26 82,776.06 5.05 59.55
13
MO Altria Group Inc 38.48 41.18 7.02 72,717.94 8.59 52.45
14
ENB Enbridge Inc 30.23 32.11 6.22 62,795.25 7.67 43.15
15
SNP China Petroleum & Chemical Corp Sinopec 43.35 44.32 2.24 53,404.51 9.97 69.63
16
BNS The Bank of Nova Scotia 41.82 43.45 3.90 52,112.49 6.14 58.22
17
CEO Cnooc Ltd 111.64 116.42 4.28 51,255.33 8.72 181.13
18
EQNR Equinor ASA 14.52 15.15 4.34 49,729.07 7.03 21.04
19
VOD Vodafone Group PLC 15.53 16.41 5.67 42,728.37 6.16 21.72
20
EPD Enterprise Products Partners LP 18.51 19.81 7.02 41,552.06 9.36 30.86

Annualized Max Risk Statistics (MONTHLY Period)
Return Return Drawdown Sharpe Sortino StdDev CorrelBench R-Squared Beta Alpha
Screen 4.50% -52.81% 0.28 0.33 16.49% 0.82

quote:

---

Why is Wells Fargo still so low?

---

It's all of the banks both multinational and regionals. Go check out KRE.

Definitely not the regionals. I don't like Banks in this new rate environment. It's really good for deals but rates should keep trending down over the next several years and that doesn't bode well for the lending environment. Go look at a monthly chart of a Japanese or European banking index.

If you want exposure to that sector you'd be better off in the asset manager space IMO because passive flows will continue to increase at a rapid rate. But don't really take my opinion too seriously, valuing banks is something I've never done.

quote:

---

How did you get T in this? The poster said 60% of 52 week high which is $39.70. Currently the stock is at $30.35 or 76% of the high. I suspect the individual was looking for things that had been beaten down a bit more. Not sure if I am missing something.

---

Yep, I am looking for things with greater recovery potential. Almost none of those stocks in that list are below 60% of the 52 week high. I still appreciate his going through some effort for a response.

quote:

---

Why is Wells Fargo still so low?

---

Because they have a highly restrictive lending cap on them based on past transgressions and pretty poor attempts to remedy the fake accounts, over selling/charging, etc, and a truly pathetic BoD. That is the real reason. Go try to apply for a HEL with them and tell me what message pops up. Regardless, I like the new CEO and his last 2 hires. The stock was ~ $55/share in the last 12 months and WFC generates a lot of fee income. They will not be able to grow as fast as nonrestricted banks but that should get worked through over time. I own WFC.