6 New Dividend Yield Leaders

by Robert Gordon Dividend yields can help compare different dividend-paying stocks. For example, an investor can find out what they will earn with one stock and compare it to others. Dividend yields can also help an investor evaluate stocks against assets such as bonds, certificate of deposit, mutual funds and others. The dividend yield of a stock is calculated by dividing annual dividend by current stock price. In the following article, I will discuss six new high yield leaders of the current market, and how they are positioned going forward. Universal Corporation (UVV): Universal Corporation operates as a leaf tobacco merchant and processor primarily in North America, South America, Africa, Europe, and Asia. The stock issues an annual dividend of $1.96, has a yield of 4.40% and a payout ratio of 68%. It has a market cap of $1.09 billion, which is higher than its competitor Alliance One International, Inc. (AOI) at $267.36 million but lower than the industry and competitor British American Tobacco plc (BTI), which have market caps of $18.84 billion and $93.61 billion, respectively. Universal Corporation’s revenue (TTM) is $2.49 billion. Its profit and operating margins of 3.51% and 9.92% are superior to competitor Alliance One International’s…