3 Solid Dividend Yielding Stocks to Consider
AT&T Inc. (NYSE: T), a holding company providing telecommunications services in the U.S. and worldwide, last Friday announced that it’s board of directors authorized a quarterly cash dividend $0.43 per share. The dividend will be payable on November 1, 2011. AT&T currently has a high dividend yield of 5.97%.
AT&T’s bid for a $500 million tax refund has been turned away by the U.S. Supreme Court. The court rejected the company’s bid for a refund on its 1998 and 1999 federal taxes.
SMF Energy Corp. (NASDAQ: FUEL), provider of petroleum product distribution services, transportation logistics and emergency response services, last Friday announced that its board of directors authorized a quarterly cash dividend of $0.015 per share. The dividend will be payable on November 14, 2011. SMF Energy currently has a dividend yield of 2.49%.
Last week SMF Energy also announced its fourth-quarter financial results. The company reported a profit of $1.3 million, or $0.15 per share, for the quarter.
The Coca-Cola Company (NYSE: KO) currently has a dividend yield of 2.83%. The company’s shares have a 52-week range of $58.52-$71.77.
Coca-Cola will release its third-quarter financial results on October 18.
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