Top Stocks in the Retail Sector Paying Healthy Dividends Now

If you want to fund your discretionary budget, one way to do so would be to invest in various retailers that pay healthy dividends.  Based on this screen, here is some information about nine such companies:

  • The Home Depot, Inc. (NYSE:HD):  The shares have traded in a 52-week range of $26.62 to $39.38 and most recently traded at $35.23.  Its market capitalization is $56.09 billion.  The company pays a dividend of $0.97.  Its forward dividend estimate is $1, for a growth rate of about 2.9%.  Its 5-year average dividend yield is 3%, and its payout ratio is 46%.  About the company: The Home Depot, Inc. is a home improvement retailer that sells building materials and home improvement products. The Company’s sell a wide assortment of building materials, home improvement and lawn and garden products and provide a number of services. Home Depot operates throughout the U.S. (including Puerto Rico, the Virgin Islands and Guam), Canada, China, and Mexico.
  • Foot Locker, Inc. (NYSE:FL):  The shares have traded in a 52-week range of $11.59 to $25.50 and most recently traded at $24.19.  It most ercentl;y paid a dividend of $0.62, and its estimated annual dividend is $0.66.  Its payout ratio is 46%.  About the company: Foot Locker, Inc. is primarily a mall-based athletic retailer that operates athletic retail stores in countries located in North America, Europe, and Australia. The Company provides athletic footwear and apparel through its Foot Locker, Lady Foot Locker, Kids Foot Locker, and Champs Sports retail stores. Foot Locker also operates a direct-to-consumer channel, Footlocker.com/Eastbay.
  • Wal-Mart Stores, Inc. (NYSE:WMT):  The shares have traded in a 52-week range of $47.77 to $57.90 and most recently traded at $53.25.  Its market capitalization is $184.91 billion.    The company pays a forward dividend of $1.46 and has a dividend payout ratio of 28%.  About the company:  Wal-Mart Stores, Inc. operates discount stores, supercenters, and neighborhood markets. The Company’s discount stores and supercenters offer merchandise such as apparel, housewares, small appliances, electronics, and hardware. Walmart’s markets offer a full-line supermarket and a limited assortment of general merchandise. The Company operates nationally and internationally.
  • Staples, Inc. (NASDAQ:SPLS):  The shares have traded in a 52-week range of $14.75 to $23.75 and most recently traded at $15.56.  The company pays a forward dividend of $0.40 and has a dividend payout ratio of 30%.   About the company:  Staples, Inc. retails office supplies, furniture, and technology. The Company’s customers include consumers and businesses in the United States, Canada, the United Kingdom, and Germany. Staples serves its customers through office superstores, mail order catalogs, the Internet, and a contract business.
  • Target Corp. (NYSE:TGT):  The shares have traded in a 52-week range of $46.15 to $60.97 and most recently traded at $46.93.  The company pays a forward dividend of $.120 and has a payout ratio of 23%.  About the company:  Target Corporation operates general merchandise discount stores in the United States. The Company’s merchandising operations include general merchandise and food discount stores and a fully integrated online business. Target also offers credit to qualified applicants through its branded proprietary credit cards.
  • Safeway Inc. (NYSE:SWY):  The shares have traded in a 52-week range of $18.73 to $25.43 and most recently traded at $22.91.  It pays a dividend of $0.58, and has a dividend payout ratio of 35%.  About the company: Safeway Inc. operates a retail food and drug chain in the U.S. and Canada. The Company also has a network of distribution, manufacturing, and food processing facilities. Safeway’s retail operations are located in California, Oregon, Washington, Alaska, Colorado, Arizona, Texas, the Chicago metropolitan area and the Mid-Atlantic region, British Columbia, Alberta and Manitoba/Saskatchewan.
  • Gap Inc. (NYSE:GPS):  The shares have traded in a 52-week range of $16.62 to $23.73 and most recently traded at $17.98.  The company pays a dividend of $0.45 per share, and has a payout ratio of 23%.  About the company: The Gap, Inc., is an international specialty retailer operating retail and outlet stores. The Company sells casual apparel, accessories and personal care products for men, women, and children. The Gap operates stores in the United States, Canada, the United Kingdom, France, Ireland, and Japan.
  • Lowe’s Companies Inc. (NYSE:LOW):  The shares have traded in a 52-week range of $19.35 to $27.45 and most recently traded at $23.42.  The company pays a dividend of $0.56 per share, and has a payout ratio of 31%.  About the company:  Lowe’s Companies, Inc. is a home improvement retailer that distributes building materials and supplies through stores in the United States. The Company offers a complete line of products and services for home decorating, maintenance, repair, remodeling, and property maintenance.
  • Nordstrom Inc. (NYSE:JWN):  The shares have traded in a 52-week range of $28.44 to $49.43 and most recently traded at $46.13.  The company pays a dividend of $0.92 and has a payout ratio of 29%.  About the company: Nordstrom, Inc. is a fashion retailer of apparel, shoes, and accessories for men, women, and children. The Company operates through multiple retail channels, discount stores, boutiques, catalogs, and on the Internet. Nordstrom, Inc. also offers, through a subsidiary, private label card credit and debit cards.

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

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