6 Must-Own Energy Stocks

We took a look at a few high-yielders with the ability to maintain strong dividend payouts. Intel (INTC) paid an annual dividend of $0.63 in the FY2010, making its current dividend yield 2.8%. The company has been able to maintain its dividend payout for the last 73 quarters. The payout has increased by 57.5% in 2010 from that paid in 2006. With the dividend coverage ratio of around 2.01, we believe Intel will continue to support its healthy dividend payout in the future also. For these shares, the 52-week trading range is $17.60-23.96. Intel deals with the design, manufacture, and sale of the integrated circuits for computing and communication industries around the globe. More than 80 percent of the world's PCs are been run by Intel processors. In the recent earnings announced on July 20, Intel raised its sales outlook because of better demand for the powerful chips used in business machines and servers that run data centres. With a current PE of around 11X based on 2010 earnings, we support a hold on Intel. Altria Group Inc (MO)'s current yield is 5.5%, and it paid annual dividends of $1.46 in 2010. The group is able to maintain the dividend cover [...]

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