6 Large Cap Stocks With A Double-Digit Dividend Yield

Following is some information on large cap companies (those companies whose market capitalization is between $10 billion and $200 billion) which have dividend yields in excess of 10%.

  • France Telecom (NYSE:FTE): The shares recently traded at $15.88, up $0.08, or 0.51%, on the day.  The shares yield 12.22% and pay a dividend of $0.81 per share.  The shares have traded in a 52-week range of $15.16 to $24.60 and its market capitalization is $42.04 billion.  About the company: France Telecom SA provides telecommunications services to residential, professional, and large business customers.  The Company offers public fixed-line telephone, leased lines and data transmission, mobile telecommunications, cable television, Internet and wireless applications, and broadcasting services and telecommunications equipment sales and rentals.
  • Annaly Capital Management (NYSE:NLY): The shares recently traded at $15.23, down $0.61, or 3.85%, on the day.  The shares have a dividend yield of 15.76% and the company pays a dividend of $0.60 per share.  The shares have traded in a 52-week range of $14.05 to $18.79 and its market capitalization is $14.76 billion.  About the company: Annaly Capital Management, Inc. is a real estate investment trust which owns and manages assets and funds on behalf of institutional and individual investors worldwide.  The Company manages a portfolio of mortgage backed securities, including mortgage pass through certificates, collateralized mortgage obligations, and other securities.
  • Nokia Corporation (NYSE:NOK): The shares recently traded at $5.23, down $0.21, or 3.86%, on the day.  The shares have a dividend yield of 10.93% and its dividend payment is $0.57 per share.  The shares have traded in a 52-week range of $4.82 to $11.75 and its market capitalization is $19.87 billion.  About the company: Nokia Corporation is a player in the mobile industry.  The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more.  Nokia also provides equipment, solutions and services for communications networks.
  • SeaDrill Limited (NYSE:SDRL): The shares recently traded at $25.18, down $0.69, or 2.67%, on the day.  The shares pay a dividend of $0.75 and have a dividend yield of 11.92%.  The shares have traded in a 52-week range of $24.68 to $38.49 and its market capitalization is $11.75 billion.  About the company: SeaDrill Ltd. provides contract drilling services.  The Company’s fleet includes semisubmersible rigs and jackup rigs.
  • Banco Santander, S.A. (NYSE:STD): The shares recently traded at $7.91, up $0.24, or 3.13%, on the day.  The shares pay a dividend of $0.19 per share and have a dividend yield of 10.83%.  The shares have traded in a 52-week range of $7.15 to $13.52 and its market capitalization is $66.76 billion.  About the company: Banco Santander S.A. attracts deposits and offers retail, commercial and private banking, and asset management services.  The Bank offers consumer credit, mortgage loans, lease financing, factoring, mutual funds, pension funds, insurance, commercial credit, investment banking services, structured finance, and advice on mergers and acquisitions.
  • Telefonica, S.A. (NYSE:TEF): The shares recently traded at $18.68, up $0.29, or 1.58%, on the day.  The shares have a dividend yield of 10.57% and pay a dividend of $1.07.  The shares have traded in a 52-week range of $17.31 to $27.61 and its market capitalization is $85.21 billion.  About the company: Telefonica, S.A. provides telecommunications services mainly to countries in Europe and Latin America.  The Company offers fixed-line and mobile telephone, Internet, and data transmission services to residential and corporate customers.

(Note: Selected financial data are sourced from Google Finance.  All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>