Stocks With High Dividend Yields

Stock prices have negative 12-month performances

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Apr 13, 2017
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According to the GuruFocus All-in-One Screener, the following stocks have high dividend yields but performed poorly over the past 12 months.

Eaton Vance Ohio Municipal Bond Fund’s (EIO) dividend yield is 4.08% with a payout ratio of 41%. Over the past 52 weeks, the price has declined by 5.3%. The stock is now trading with a price-earnings (P/E) ratio of 8.5 and a price-sales (P/S) ratio of 15.0.

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The company has a market cap of $32.56 million and is a closed-end investment company. Its objective is to provide current income exempt from regular federal income tax including alternative minimum tax and, in state-specific funds, tax in its specified state.

The profitability rating is 4 of 10. The return on equity (ROE) of 10.48% and return on assets (ROA) of 5.80% are outperforming the industry and are ranked higher than 63% of competitors. Financial strength has a rating of 6 of 10. The cash-debt ratio of 0.42 is underperforming 82% of competitors and the equity-asset ratio of 0.66 is below the industry median of 0.84.

Eaton Vance New Jersey Municipal Bond Fund’s (EMJ) dividend yield is 4.76% with a payout ratio of 38%. Over the past 52 weeks, the price has declined by 8.8%. The stock is now trading with a price-earnings (P/E) ratio of 7.3 and a price-sales (P/S) ratio of 14.4.

It has a market cap of $33.04 million and is a closed-end investment company. Its objective is to provide current income exempt from regular federal income tax including alternative minimum tax and, in state-specific funds, tax in its specified state.

The profitability rating is 4 of 10. The return on equity (ROE) of 11.77% and return on assets (ROA) of 6.23% are outperforming the industry and are ranked higher than 64% of competitors. Financial strength has a rating of 5 of 10. The cash-debt ratio of 0.02 is underperforming 98% of competitors, and the equity-asset ratio of 0.63 is below the industry median of 0.84.

Blackrock New Jersey Municipal Bond Trust’s (BLJ) dividend yield is 5.57% with a payout ratio of 43%. Over the past 52 weeks, the price has declined by 8.1%. The stock is now trading with a P/E ratio of 7.7 and a P/S ratio of 14.1.

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The company has a market cap of $35.04 million and is a perpetual closed-end municipal bond fund. Its objective is to provide current income exempt from regular federal income taxes and Maryland personal income taxes.

The profitability rating is 4 of 10. The ROE of 11.96% and ROA of 7.34% are outperforming the industry and are ranked higher than 69% of competitors. Financial strength has a rating of 8 of 10 with no debt. The equity-asset ratio of 0.62 is below the industry median of 0.84.

Eaton Vance Pennsylvania Municipal Bond Fund’s (EIP) dividend yield is 4.96% with a payout ratio of 43%. Over the past 52 weeks, the price has declined by 7.0%. The stock is now trading with a P/E ratio of 8.1 and a P/S ratio of 14.5.

The company has a market cap of $38.48 million and is a closed-end investment company. Its objective is to provide current income exempt from regular federal income tax including alternative minimum tax and, in state-specific funds, tax in its specified state.

The profitability rating is 4 of 10. The ROE of 11.11% and ROA of 5.66% are outperforming the industry and are ranked higher than 62% of competitors. Financial strength has a rating of 5 of 10. The cash-debt ratio of 0.05 is underperforming 96% of competitors. The equity-asset ratio of 0.64 is below the industry median of 0.84.

SandRidge Mississippian Trust’s (SDT) dividend yield is 19.46% with a payout ratio of 100%. Over the past 52 weeks, the price has declined by 35.2%. The stock is now trading with a P/E ratio of 2.8 and a P/S ratio of 2.3.

The company has a market cap of $40.32 million and is a statutory trust. It holds Royalty Interests in specified oil and natural gas properties located in the Mississippian formation in Alfalfa, Garfield, Grant and Woods counties in Oklahoma.

The profitability rating is 4 of 10. The ROE of 25.43% and ROA of 25.42% are outperforming the industry and are ranked higher than 94% of competitors. Financial strength has a rating of 9 of 10 with no debt. The equity-asset ratio of 1.00 is above the industry median of 0.51.

Eaton Vance California Municipal Bond Fund’s (EIA) dividend yield is 4.47% with a payout ratio of 57%. Over the past 52 weeks, the price has declined by 11%. The stock is now trading with a P/E ratio of 11.4 and a P/S ratio of 14.8.

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The company has a market cap of $45.55 million and is a closed-end investment company. Its objective is to provide current income exempt from regular federal income tax including alternative minimum tax and, in state-specific funds, tax in its specified state.

The profitability rating is 4 of 10. The ROE of 8.69% and ROA of 3.80% are outperforming the industry and are ranked higher than 54% of competitors. Financial strength has a rating of 5 of 10 with no debts. The equity-asset ratio of 0.61 is below the industry median of 0.84.

Disclosure: I do not own any shares of any stocks mentioned in this article.

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