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Thursday, January 05, 2006

Little Dogs




This Profit Track looks for stocks that are paying dividend
yields of greater than 8% along with other attractive
fundamental attributes. Although this screen is based on a
long-term and lower risk approach to investing, it has
consistently beaten the S&P 500 for with returns such as +19.5%
in 2004 and +10.7% in 2005.

Here are four stocks that make the grade for the Growth and
Income Profit Track:

American Capital Strategies Ltd (NASDAQ: ACAS), which has a
current yield of 8.64%, recently declared an additional 2005
dividend of three cents per share. ACAS noted that total
dividends declared for 2005 equal $3.08 per share, an increase
of 6% over 2004. In early November, the company reported
third-quarter earnings of 82 cents per share. The result topped
the consensus estimate by about 5% and outpaced the year prior
total. Continue your research on ACAS at
http://at.zacks.com/?id=2389

Diana Shipping, Inc. (NYSE: DSX) meets the criteria of this
profit track with a favorable yield of 15.16%. The company
recently reaffirmed its fourth-quarter dividend guidance,
stating that it expects the dividend to exceed 36 cents per
share. DSX expects to declare the dividend in early February
2006. In late October, the global provider of shipping
transportation services announced third-quarter earnings per
share that were almost 8% ahead of the consensus estimate.
Continue your research on DSX at http://at.zacks.com/?id=2390.

New Century Financial Corporation (NYSE: NEW), a real estate
investment trust (REIT) and parent company of one of the
nation's premier full-service mortgage finance companies, is
yielding an impressive 18.43%. NEW recently declared a dividend
of $1.70 per share for the fourth quarter. The company mentioned
that this is the fourth consecutive increase in the dividend
since electing to become a REIT in the fourth quarter of 2004.
Continue your research on NEW at http://at.zacks.com/?id=2391.

RAIT Investment Trust (NYSE: RAS), a real estate investment
trust, satisfies the criteria of this Profit Track with a yield
of 9.38%. The company recently declared a fourth-quarter
dividend of 61 cents per share. In early November, RAIT
Investment Trust posted third-quarter earnings of 65 cents per
share, outperforming the previous year's earnings of 63 cents
per share. Continue your research on ACAS at
http://at.zacks.com/?id=2392.

To see the full list of stocks that currently pass this
winning screen, go to http://at.zacks.com/?id=2393

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