Nine Attractive Stocks with High Yields: Investment Idea of the Day

Published:

Ubika Research has picked nine high yielding stocks across sectors which offer an attractive combination of high free cash flow yield, earnings yield and dividend yield. Moreover, these stocks are currently trading at relatively low PE multiple compared to their respective industry average. We note that these stocks have recorded significant price gains during the past three months with daily average traded volume in excess of 100,000.

Company Name

Exchange

Ticker

Industry

Market Cap
(MM)

Last Price

Average Volume
(3-Month)

Price Change
(3-Month)

Free Cash Flow Yield

Earnings Yield

Dividend Yield

PE Ratio

Sherritt International Corp

TSX

S

Diversified

1,266.5

4.26

2,014,618

18.0%

12.5%

36.6%

4.5%

3.1

New York Mortgage Trust Inc

NASDAQ

NYMT

Financial

681.7

7.52

1,539,020

9.9%

12.9%

15.9%

15.5%

6.3

Transcontinental Inc

TSX

TCL/A

Consumer Goods

1,237.3

15.98

273,097

15.1%

28.4%

12.1%

9.5%

8.0

Dynex Capital Inc

NYSE

DX

Financial

474.2

8.67

400,936

5.7%

47.8%

13.0%

14.0%

8.0

Inteliquent Inc

NASDAQ

IQNT

Technology

447.2

13.86

472,493

36.0%

12.2%

12.3%

12.6%

10.4

MFA Financial Inc

NYSE

MFA

Financial

2,867.1

7.82

2,961,023

8.8%

11.6%

10.3%

23.2%

10.6

Artis Real Estate Investment Trust

TSX

AX-U

Financial

2,012.5

15.78

414,552

3.7%

5.9%

9.5%

7.3%

11.0

Gluskin Sheff + Associates Inc

TSX

GS

Financial

962.5

32.60

176,151

23.9%

11.3%

8.1%

7.2%

11.4

Booz Allen Hamilton Holding Corp

NYSE

BAH

Consumer Services

3,268.7

21.94

708,842

21.0%

24.0%

11.3%

62.2%

13.6

Source: Bloomberg
Market cap & Last Price are in their respective currencies
All yields are as of 2013

Company Description:

Sherritt International Corp (TSX: S)
Sherritt International Corporation owns an interest in a nickel/cobalt metals business. The company also owns assets which provide for the input requirements of the metals refinery and which also produce fertilizer. Sherritt explores for, develops, and produces oil and natural gas reserves worldwide, as well as holds interests in power, communications, agriculture, and tourism industries.

New York Mortgage Trust Inc (NASDAQ: NYMT)
New York Mortgage Trust, Inc. is a real estate investment trust that acquires and manages primarily real estate related assets. The company’s assets include Agency and non-Agency mortgage-backed securities, high credit quality residential adjustable rate mortgage loans, commercial mortgage loans and other financial assets.

Transcontinental Inc (TSX: TCL/A)
Transcontinental Inc. is a commercial printer of flyers, direct marketing products, books, newspapers, magazines, catalogs, and directories. The company is also involved in door-to-door distribution of advertising material. Transcontinental has employees in Canada, the United States, and Mexico.

Dynex Capital Inc (NYSE: DX)
Dynex Capital, Inc. is a real estate investment trust, or REIT, which invests in mortgage loans and securities on a leveraged basis. The company invests in both Agency and non-Agency MBS and CMBS. The company has investments in securitized residential and commercial mortgage loans. The company finances its investments through repurchase agreements, securitization financing and equity capital.

Inteliquent Inc (NASDAQ: IQNT)
Inteliquent, Inc. provides tandem interconnection services. The company provides its services to carriers and service providers, including wireless, wireline, cable telephony and Voice over Internet Protocol companies.

MFA Financial Inc (NYSE: MFA)
MFA Financial, Inc. is a mortgage real estate investment trust that invests primarily in hybrid and adjustable rate mortgage securities issued or guaranteed by an agency of the United States’ government.

Artis Real Estate Investment Trust (TSX: AX-U)
Artis Real Estate Investment Trust is a real estate investment trust that acquires and maintains a portfolio of properties. The company’s initial focus is on retail and industrial commercial properties located in Western Canada.

Gluskin Sheff + Associates Inc (TSX: GS)
Gluskin Sheff + Associates Inc. is a wealth management company that serves high net worth individuals and institutional investors.

Booz Allen Hamilton Holding Corp (NYSE: BAH)
Booz Allen Hamilton Holding Corp. provides management and technology consulting services to the U.S. government in the defense, intelligence and civil markets. The company offers economic and business analysis, information technology, intelligence and operations analysis, modeling and simulation, organization and other consulting services.

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