Stock Watchlist

Below is a list of stocks on my radar for future purchase.  As you will notice most of the stocks below yield a healthy dividend.  Years ago when I first started investing, I shunned stable dividend stocks as too boring with limited upside potential, and opted for more sexy and fast growing companies.  Investing in growth companies is not a bad strategy if you are willing to take on additional risk and just a few big winners that can really gives your portfolio some horsepower.  But as my investment portfolio has grown larger and I’m moving into the middle years of my working life, I’ve switched to a more conservative approach of generating income with moderate growth potential.  Occasionally, I may deviate from the equity income strategy if I find a company that really intrigues me, but that will be an exception rather than the rule.

Stock prices listed in the table are as of close of business May 13, 2011.

Stock	Dividend	Price	P/E Ratio	Motley Fool CAPS’ Rating
Frontier Comm (FTR)	8.6%	$8.66	45.58	***
National Presto (NPK)	7.6%	$109.27	11.80	*****
SandRidge Miss (SDT)	7.4%	$25.63	31.45	*****
Teekay LNG (TGP)	7.1%	$36.08	24.43	*****
Century Link (CTL)	6.9%	$42.42	14.25	***
Buckeye Ptr (BPL)	6.5%	$61.60	26.40	*****
Enterprise Prod (EPD)	5.9%	$40.82	35.50	*****
AT&T (T)	5.5%	$31.41	8.96	***
Health Care REIT (HCN)	5.5%	$50.65	66.47	****
Seaspan Corp (SSW)	4.2%	$17.97	N/A	*****
Merck (MRK)	4.1%	$37.08	71.45	****
Xcel Energy (XEL)	4.1%	$24.95	14.90	***
Novartis (NVS)	3.3%	$60.89	14.56	*****
Vodafone (VOD)	3.3%	$27.34	27.34	****
Wal-Mart (WMT)	2.6%	$55.72	12.49	***
Hasbro (HAS)	2.5%	$48.05	19.32	*****
Microsoft (MSFT)	2.5%	$25.03	9.94	***
Nike (NKE)	1.5%	$86.26	20.49	****
Whole Foods (WFM)	0.6%	$62.49	35.98	***

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