Top Dividend Stocks for 2011

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Top Dividend Stocks for 2011 - Here are 5 top dividend stocks for 2011 for investors.

Cinemark Holdings

Cinemark (CNK: 20.90 0.00%) is the highest yielding stock on this list a 4.4% dividend yield. However, there is more to this stock than just a nice yield. The theater operator is expected to grow earnings by 40% this year and Wall Street is looking for earnings to jump another 16% in 2011.

Despite the impressive growth rate, CNK trades at only 12x consensus 2011 earnings estimates. As a result Wall Street is bullish on the stock and analysts have an average $22 price target on the stock.

Merck

Merck (MRK: 37.27 0.00%) is going to end 2010 as one of the most disappointing stocks in the Dow Jones index. Despite the overall gains in the market, Merck will likely end 2010 in the red. Fortunately, investors can take solace in the stock’s impressive 4.2% dividend yield.

Wall Street analysts are expecting the pharmaceutical giant to get on track in 2011 with earnings climbing 13%. With the stock trading at less than 10x consensus 2011 estimates the stock looks attractive at these prices. And of course investors get a 4.2% dividend yield as well.

Dr Pepper Snapple

Dr. Pepper has millions of die-hard fans, but no bigger fans than their investors this year. DPS shares soared 27% in 2010 and beverage stock delivered an impressive 67% dividend increase in May.

We are looking for another strong year from Dr Pepper Snapple (DPS: 42.22 0.00%) in 2011 with earnings expected to increase by over 17%. Investors can likely expect another dividend increase next year on top of the stock’s current 2.5% dividend yield.

Hasbro

The holiday shopping season has shown that consumers are once again opening their wallets to buy toys (both for their children and themselves). No one is more thrilled to see this than #1 toy maker Hasbro (HAS: 46.93 0.00%). The stock has been on roll of late with the stock up 51% since the beginning of the year.

Wall Street expects Hasbro to continue its momentum into 2011 with earnings growth expected to accelerate to nearly 20% next year. Hasbro has been one of the best dividend stocks over the last 3 years and has the potential be a top dividend performer in 2011. We aren’t concerned about Hasbro’s 17x P/E multiple and expect to see the toy stock trading in the $50’s next year.

International Paper

International Paper (IP: 31.23 0.00%) stock price will finish the year deceivingly flat. However, the real story is that the stock is up over 25% since September. That impressive performance was largely fueled by International Paper’s stellar third quarter results. In fact, last quarter’s earnings results were the best since 1995.

The company’s strong financial results have investors bullish on International Paper in 2011. The company is expected to raise their dividend next year and Wall Street is looking for 24% earnings growth. However, the stock is still attractively priced at only 10x consensus 2011 earnings estimates.

Top Dividend Stocks for 2011

Farm dogs maul Irish Tourist

Farm dogs maul Irish Tourist - An Irish tourist who was mauled to death by two dogs while visiting an organic farm in Penang yesterday morning had more than 50 bite wounds and lacerations all over his body. Penang Hospital Forensic Department head Datuk Dr Bhupinder Singh, who performed the post-mortem on Maurice Sullivan (pix), 50, today, said he found the wounds on the victim's head, neck, hands and legs. "The victim had died as a result of severe haemorrhage due to multiple injuries from the dogs' bites," he said, adding that there were no signs that Sullivan suffered any ailment at the time of death. Farm dogs maul Irish Tourist Bhupinder also said both Sullivan's ears and the left side of his face were gnawed off in the incident. One of the ears was recovered from the scene. Bhupinder told reporters this after carrying out the post-mortem which began at 10am. Sullivan was attacked by two mongrels at the farm while taking photographs of the gr...

Man Hits Teen on Plane Over iPhone

Man Hits Teen on Plane Over iPhone - Police say a man on a Southwest Airlines flight from Las Vegas punched a teenager who refused to turn off his iPhone as the plane approached the Boise airport. Officers arrested 68-year-old Russell E. Miller, of Boise, on suspicion of misdemeanor battery Tuesday. He has been released from jail on bond. Witnesses told police the 15-year-old was playing games and listening to music on his cell phone when flight attendants instructed passengers to turn off their electronic devices because the plane was landing. Witnesses told police that when the teen didn't respond, Miller got angry and punched the boy in the arm. Miller says he "tapped" the teen on the shoulder after he refused to turn off the phone. He told the Idaho Statesman that he may have "overreacted," but that he did not punch the teen. Man Hits Teen on Plane Over iPhone

Contactless Debit Cards

Contactless Debit Cards - Contactless debit cards will make their formal debut in Canada next year with the launch of Interac Flash from Acxsys Corp.’s Interac Association, Canada’s national debit network. Interac’s first two Flash issuers are Scotiabank and RBC Royal Bank, which will roll out their first contactless cards next summer. The first acquirer is TD Merchant Services, a unit of Toronto-Dominion Bank. More issuers and acquirers are on the way, an Interac spokesperson tells Digital Transactions News, though no announcements have been made yet. Interac and the banks tested Flash this summer at some high-volume, small-ticket merchants in downtown Toronto. The spokesperson expects national merchants will be making formal announcements about acceptance. “There’s a lot of excitement in the merchant community,” she says. “Merchants are looking for that faster throughput.” In a statement, the Retail Council of Canada endorsed the new card. “Interac Flash is a welcome and needed ...

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