Watchlist: high yield

As I ponder my coming week's purchase, I am having difficulties in finding 3%+ yielding stocks. Many DGI stocks that I would love to purchase at fair value are approaching values that I consider too expensive. Below is a table I tabulated showing which stocks have yields above 3% that I am considering.

Note: Please double check the values' correctness if you are going to use the data. They were fetched off Finviz's website using a script I wrote.

Staples	Forward PE	PE	Yield	PEG	Beta	Debt/Eq	Payout
PM	17.12	16.61	4.84%	2.85	0.91	No Data	61.90%
RAI	18.15	22.91	3.97%	2.71	0.50	1.10	86.40%
MO	18.99	24.33	3.92%	3.15	0.50	3.26	89.90%
DEO	17.92	20.48	3.75%	3.10	0.86	1.35	27.60%
UL	19.47	20.18	3.42%	4.92	0.79	0.97	30.40%
KRFT	19.54	16.65	3.35%	2.57	No Data	1.79	66.60%
GIS	17.63	22.35	3.07%	3.63	0.16	1.86	65.70%
SYY	19.64	25.65	3.00%	3.64	0.75	0.57	73.20%

Of the stocks above, I consider PM, MO, KRFT, GIS, and SYY as solid dividend stocks (MO+PM+KRFT used to be one company before the spinoffs). I have been slowly adding to PM in the last couple weeks. The position is getting rather large and I am a bit concerned with their debt load and the foreign exchange rates. My position in GIS is too large as well. I may add to KRFT even with its recent price rise. It offers a high yield with a moderate PE, and I consider KRFT to be core so I am willing to buy at fair value. SYY's dividend growth is too low for me (less than 12% chowder ratio).

Discretionary	Forward PE	PE	Yield	PEG	Beta	Debt/Eq	Payout
MCD	16.83	17.97	3.72%	3.47	0.35	1.11	63.30%

Most discretionary stocks have low yields except McDonalds. I do not plan to add to MCD because I believe they are in a transitional period where future growth will remain stagnant.

Energy	Forward PE	PE	Yield	PEG	Beta	Debt/Eq	Payout
CVX	18.11	9.68	4.07%	1.74	1.14	0.16	37.80%
KMI			4.24%	3.85	0.67	3.02	139.20%
XOM	18.67	11.46	3.03%	11.76	0.88	0.12	33.20%

With the fall in crude oil, I believe these are the safest bets in the energy sector. However, I want to wait a bit longer since I feel that the turnaround isn't happening as of yet.

MLPs	Forward PE	PE	Yield	PEG	Beta	Debt/Eq	Payout
EPD			4.30%	3.35	0.70	1.25	180.60%
MMP			3.40%	1.46	0.52	1.65	70.00%

These MLPs' prices have been volatile lately due to the fall in the price of a barrel. I am highly considering EPD if it falls below $31. MMP is a bit expensive still for me. I am not a fan of owning MLPs because of tax complications.

Industrials	Forward PE	PE	Yield	PEG	Beta	Debt/Eq	Payout
GE	13.43	15.94	3.90%	2.27	1.44	2.77	52.50%
CAT	12.28	13.57	3.34%	1.22	1.67	2.09	39.70%
EMR	14.11	19.79	3.12%	2.43	1.32	0.60	56.00%
LMT	16.92	19.69	3.08%	2.03	0.63	1.35	52.80%

I may consider adding to LMT. They are around fair value compared to their 15 year average PE. EMR may be another stock I will consider, as it has a high credit rating and solid dividend history. I do not like CAT due to its volatility or GE due to its past dividend record.

Telecom	Forward PE	PE	Yield	PEG	Beta	Debt/Eq	Payout
T	13.17	10.37	5.56%	2.25	0.36	0.82	56.00%
VZ	12.89	9.96	4.58%	1.19	0.33	6.59	43.90%

I will most likely add to my position in T. I prioritize T over VZ due to the credit rating, and my position in T is not nearly as high as I would like it. I want T to be a large core holding in my portfolio.

Healthcare	Forward PE	PE	Yield	PEG	Beta	Debt/Eq	Payout
ABBV	14.97	27.94	3.04%	2.05	No Data	3.18	70.40%

I have not done enough research on ABBV so far. The debt, PE, and payout ratio are making me uninterested.