June 3, 2004

Not so hot dividend paying stocks

A comment from stocks with dividends for volatile markets:

speaking of dividends, what are your thoughts on:
LYG, MUEL, PTR, PBR, and NHY

LYG reminds me of MCGC but the numbers aren't as exciting in terms of PEG (1.85 for LYG vs. 0.61 for MCGC. MUEL is a bit scary because the yahoo quote doesn't show a forward PE. PTR is an oil play but I don't see oil prices getting much higher than they are now. Same for PBR. The numbers on NHY aren't very compelling and that's also exposed to oil/gas which I'm staying away from for now.

Posted by James Trotta at June 3, 2004 4:08 PM
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