Out Fox The $treet

This article is a continuation of a monthly series highlighting the top net payout yield stocks that was started in June, 2012 (see article ). The series highlights the best stocks for the upcoming month. Please review the original article for more information on the net payout yield concept. February Returns Below are two charts highlighting the monthly returns of the top ten stocks from February (see list here ). Due to limitations with YCharts, the chart was broken into the Top 5 and Next 5 lists. Read the full article at Seeking Alpha. Disclosure: Long AMP, DTV, KSS, MSI, NLY, NOC, and WLP. Please review the disclaimer page for more details. 

This article is a continuation of a monthly series highlighting the top net payout yield stocks that was started in June, 2012 (see  article ). The series highlights the best stocks for the upcoming month. Please review the original article for more information on the net payout yield concept. January Returns Below are two charts highlighting the monthly returns of the top ten stocks from January (see list  here ). Due to limitations with YCharts, the chart was broken into the Top 5 and Next 5 lists. Read the full article at Seeking Alpha.  Disclosure: Long AMP, COP, DTV, KSS, MSI, NLY, and WLP. Please review the disclaimer page for more details. 

This article is a continuation of a monthly series highlighting the top net payout yield stocks that was started in June (see article ). The series highlights the best stocks for the upcoming month. Please review the original article for more information on the net payout yield concept. December Returns Below are two charts highlighting the monthly returns of the top 10 stocks from December (see list here ). Due to limitations with YCharts, the chart was broken into the Top 5 and Next 5 lists. Read the full article at Seeking Alpha. Disclosure: Long AMP, COP, DTV, KSS, MSI, NLY, WLP. Please review the disclaimer page for more details. 

After the market close on Thursday, Amgen, Inc. (AMGN) announced an additional $2B stock buyback plan. The company executed a very successful buyback over the last year, so this additional plan is noteworthy, especially considering several companies have announced buybacks this week that aren't interesting or material. The company is a leading independent biotechnology medicines company that previously had a $10B buyback plan that has at least partially helped the stock to all time highs. This plan adds $2B to around $500M left on the previous plan. This leaves Amgen with $2.5B that it forecasts will be spent by early 2014. Also, the company significantly increased the dividend to $0.47 for Q113. This increases the dividend yield to 2.1%. Read the full article at Seeking Alpha. Disclosure: No position mentioned. Please review the disclaimer page for more details. 

This article is a continuation of a monthly series highlighting the top net payout yield stocks that was started in June (see article ). The series highlights the best stocks for the upcoming month. Please review the original article for more information on the net payout yield concept. November Returns Below are two charts highlighting the monthly returns of the top 10 stocks from November (see original list here ). Due to limitations with YCharts, the chart was broken into the Top 5 and Next 5 lists. Read the full article at Seeking Alpha. Disclosure: Long AMP, COP, DTV, GS, KSS, MSI, NLY, WLP. Please review the disclaimer page for more details. 

This article is a continuation of a series highlighting the top net payout yield stocks that was started in June (see article) and repeated in July (see article). The series is meant to highlight the best stocks for the upcoming month so this report is clearly late. Though with the majority of the month left, it is still worth reviewing last month's results and the updated list as of data from August 10th. Read the full article on Seeking Alpha. Disclosure: Long all positions mentioned. Please review the disclaimer page for more details. 

Not too surprisingly, the top net payout yield stocks from June (see article ) remained mostly intact as the month ended. Only Motorola Solutions, Inc. (MSI) was confirmed as a new addition to the list. Both Ameriprise Financial, Inc. (AMP) and Time Warner Inc. (TWX) tied for tenth on the July list with a 15.37% yield. So technically, no stock rolled off the list. The Covestor model typically holds over 20 stocks so neither stock would need to be sold, but anybody playing at home with ten stocks could just leave the model alone in order to avoid trading costs. Look to add Motorola Solutions to the model as one of those stocks lowers the yield via more stock gains or the reduction of a buyback. For those not familiar with net payout yields, it is the combination of the dividend yield and the net buyback yield. In essence, it is the percentage paid to investors. A typical fund focuses on dividends while some focus on buybacks, but recent history has shown that the stocks paying the l...

After a big selloff, the advantages of Net Payout Yield stocks really comes into focus. These companies benefit from the strategic ability to repurchase shares and issue dividends. The market is currently enamored with dividend stocks, but those stocks don't exactly benefit investors when the stock drops. Investors are stuck with capital losses while collecting dividends, but the company can't do anything with the lower stock price to benefit shareholders. Companies that participate in large buybacks though have the ability to repurchase shares at much cheaper levels now. This benefit has largely been ignored by the markets over the years with the general sentiment that share repurchases aren't effective. The key though is that most investors don't focus on net share repurchases. Companies that greatly reduce the stock float provide more earnings for shareholders. Read the full article at Seeking Alpha. Disclosure: Long AMP, COP, DTV, GPS, GS, KSS, and TWX. Please...

Very interesting announcement today by Amgen (AMGN) that the company would buy $5B of it's outstanding shares via a modified dutch auction. This would amount to roughly 10% of the outstanding stock. This puts AMGN into play for out Net Payout Yields model that looks for high yielding dividend and stock buyback companies. AMGN just recently became a dividend payer yielding roughly 2%. Also, previous buybacks have yielded about 4% over the last 12 months giving it a previous 6% NPY. Not to shabby considering most investors get excited about 3-4% dividend yields. Unfortunately AMGN announced a Senior Notes Offering to at least partially pay for this share auction. While studies aren't conclusive on whether buying stock with cheap debt is long term beneficial to shareholders, our model tends to stray away from such financial engineering. Companies that are so cheap that it can pay high NPYs via free cash flow are much more attractive. Regardless, AMGN will make our list to...