30% Yielders

[dividendstocksonline]

Anyone know anything about these stocks? They all yield over 30% if their dividends don't get cut.

[dividendstocksonline]

Sorry here are the stocks
Atlas Pipeline Partners, LP APL 34.29
Bab**** & Brown Air Limited (ADR) FLY 32.26
BreitBurn Energy Partners LP BBEP 30.19
Crosstex Energy, LP XTEX 34.13
Diana Shipping Inc. DSX 36.61
Frontline Ltd. (USA) FRO 40.19
Genco Shipping & Trading Limited GNK 31.1
Highveld Steel and Vanadium (ADR) HSVLY 56.47
Mesabi Trust MSB 54
Seligman Lasalle Intl Real Est Fund Inc. SLS 30.02
Teekay Tankers Ltd. TNK 41.67
Whiting USA Trust I WHX 45.82
Williams Coal Seam Gas Royalty Trust WTU 40.81

[BadThad]

Welcome to SMC! :) We need more divy lovers here!

I'm not familiar with all those, just Diana Shipping which was upgraded by JPM today. Personally, I'm very leary of big yield divy stocks right now. Chances are they will not maintain the divy (most companies need the cash to bolster their liquidity). Additionally, buying any stocks right now is pretty much suicide unless you have a lot of time. In that case, you need to very carefully bottom fish.

If you're looking for a bottomed divy stock, look at EGLE today. See the EGLE thread for more info.

[fz4fun]

Welcome to SMC.
I can comment on a few of these companies. I love dividend stocks also, BadThad is right though, dividends yields can be misleading. Here goes:
Frontline (FRO) Diana (DSX) and Genco (GNK) are all dry bulk shipping companies and have been absolutely hammered with the spot rate of renting these ships has plummeted in the last 2 months. DSX just announced that they suspended their dividend right now until things turn around. FRO, along with NAT (Nordic American Tanker) are the 2 best players in this field for consistent dividends which are usually double digit in nature. Be careful, if the spot rental rates stay down because of the global economy slowing down, these guys could be in trouble to maintain the dividend payout.
Atlas (ATN) is an energy trust headquartered in PA and is big in the natural gas business, They have a real big stake in the Marcellus Shale nat gas region which may be a big boom business. Energy trusts are structured to pay out a large percentage of profits to unitholders and have different tax consequences than traditional dividend payouts. I don't know much about the rest except that I believe Mesabi is also a 'Royalty Trust' and is involved in ore mining in the southwestern US and is similar to Atlas in structure.
Hope this helps you some
:)

[greencat]

Sorry here are the stocks
Atlas Pipeline Partners, LP APL 34.29
Bab**** & Brown Air Limited (ADR) FLY 32.26
BreitBurn Energy Partners LP BBEP 30.19
Crosstex Energy, LP XTEX 34.13
Diana Shipping Inc. DSX 36.61
Frontline Ltd. (USA) FRO 40.19
Genco Shipping & Trading Limited GNK 31.1
Highveld Steel and Vanadium (ADR) HSVLY 56.47
Mesabi Trust MSB 54
Seligman Lasalle Intl Real Est Fund Inc. SLS 30.02
Teekay Tankers Ltd. TNK 41.67
Whiting USA Trust I WHX 45.82
Williams Coal Seam Gas Royalty Trust WTU 40.81

MSB looks like its all set to make a higher high.
MSB Chart
http://www.profitspi.com/stock-chart-str.aspx?id=MSB&ca=2145110044

[BadThad]

WOW! That one year chart is CRAZY!