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| DIVIDEND YIELDS BY INDUSTRY | 
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With many investors looking for income as well as capital gains, we now publish the top ten yielding stocks in certain industries each week. This week we look at Shipping (see below for other industries). These stocks have been selected from a screening program. They are not recommendations to buy or sell. If you have an interest in any of them, please investigate them completely before taking any action.
Updated 12/30/10 INDUSTRY: Shipping Company | Symbol | Div/Yield | EPS | | Capital Porduct Partners * | CPLP | 9.47% | $0.74 | | Knightbridge Tankers * | VLCCF | 9.00% | $2.40 | | Navios Maritime Partners * | NMM | 8.71% | $1.52 | | Dht Hldg Inc. | DHT | 8.51% | $0.07 | | Frontline Ltd. | FRO | 7.84% | $2.28 | | | Star Bulk Carriers | SBLK | 7.38% | -$0.50 | | Safe Bulkers Inc. | SB | 6.90% | $1.71 | | Ship Finance Int'l | SFL | 6.63% | $2.51 | | Euroseas Ltd. | ESEA | 6.56% | -$0.71 | | Nordic American Tanker | NAT | 6.53% | $0.16 | |
| * Comments:
CPLP: an international tanker company. The Company is engaged the seaborne transportation services of crude oil and refined petroleum products, edible oils and soft chemicals, by chartering its vessels under medium to long-term time and bareboat charters. CPP was formed for the purpose of acquiring interests in eight wholly owned subsidiaries of Capital Maritime & Trading Corp. (CMTC), each of which owned, double-hull medium-range product tanker. The Company's subsidiaries include Shipping Rider Co., Canvey Shipmamangement Co., Centurion Navigation Limited, Polarwind Maritime S.A., Carnation Shipping Company, Apollonas Shipping Company, Tempest Maritime Inc., Irakiltos Shipping Company, Epicurus Shipping Company, Laredo Mritime Inc. and Lorenzo Shipmanagement Inc. VLCCF: engaged in the international seaborne transportation of crude oil and dry bulk cargoes. Its fleet consists of four double-hull Very Large Crude Carrier oil tankers (VLCCs), of which two Capesize dry bulk carriers were delivered to the Company in 2009. Each of its vessels is owned by a subsidiary and has been flagged in the Marshall Islands. In addition to the VLCCs, the Company charters two Capesize dry bulk carriers. Its total carrying capacity is 1.53 million deadweight ton (dwt). The Company has expanded its scope of activities and has taken delivery of two Capesize newbuilding dry bulk vessels of approximately 170,000 dwt in August 2009 and October 2009, respectively. The business of the Company is managed by ICB Shipping (Bermuda) Limited (the Manager), an indirect wholly owned subsidiary of Frontline Ltd. NMM: an international owner and operator of drybulk carriers formed by Navios Maritime Holdings Inc. (Navios Holdings), a vertically integrated seaborne shipping company. The Company's vessels are chartered out under medium to long-term time charters with an average remaining term of approximately 3.9 years. The Company's fleet consists of 10 Panamax vessels, one Capesize vessel and one Ultra-Handymax vessel. Its fleet of dry cargo vessels has an average age of approximately seven years.
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DISCLAIMER: Dividend yields will differ from these tables due to pricing considerations. The table is generated from data that is not as of the close last Friday. Therefore, when you investigate one of these stocks, expect to see a lower or higher yield. Also, not all stocks are included in this list. There may be more in this industry that have a higher yield but due to the methodology of the screening program, they are not listed.
Information has been obtained from sources deemed to be reliable, but The Online Investor makes no guarantee as to the accuracy or completeness of this data. Information is provided for informational purposes only, and The Online Investor shall not be liable for any errors or omissions, or for any actions taken in reliance thereon. |