TABLE 3. Firms with the Highest Dividen Yields: DRPs vs. NON-DRPs
Company (Exchange: Ticker) Dividend Yield Annual Growth Rates Payout
Ratio
(%)
52-Wk
Rel
Strgth
(%)
Price
Change
(1 Yr)
(%)
Description
Current
(%)
5-Yr
Avg
(%)
Div
per
Share
(%)
EPS
(%)
Est
EPS
(%)
Firms With Dividend Reinvestment Plans
Altria Group, Inc. (N: MO) 8.1 4.9 8.8 15.0 9.0 46.5 -35 -42 holding co for consum prods mfr
Jefferson-Pilot Corp. (N: JP) 6.4 2.2 11.3 5.8 9.3 41.5 -1 -12 life insurance; broadcast props
Schering-Plough Corp. (N: SGP) 3.8 1.4 12.6 6.4 7.7 50.0 -25 -34 pharmac'l & health care prods
BB&T Corporation (N: BBT) 3.5 2.6 13.9 16.3 10.1 40.2 -1 -14 multi-bank holding co
Donegal Group Inc. (M: DGICB) 3.5 3.1 4.4 -0.2 11.5 27.3 19 0 regional insurance holding co
Provident Bankshares (M: PBKS) 3.5 3.1 18.7 16.6 9.2 43.8 13 6 bank holding co
Sara Lee Corp. (N: SLE) 3.5 2.4 7.9 4.3 7.7 38.5 -3 -12 food, bev, hous'd & intimates
Astoria Financial Corp. (N: AF) 3.4 2.4 22.4 18.1 10.4 28.2 -8 -3 bank holding co
Maytag Corp. (N: MYG) 3.4 1.9 2.4 5.4 14 33.8 -47 -53 home appliances
Weis Markets, Inc. (N: WMK) 3.4 2.9 2.8 3.1 na 48.9 10 -19 retail food & pet supplies
Median for Top 10 Yielders 3.5 2.5 10.1 6.1 9.3 40.9 -2 -13  
Median All DRP Firms 2.5 2.7 3.3 1.8 10.0 40.0 3 -9  
Firms Without Dividend Reinvestment Plans
D&E Communications, Inc. (M: DECC) 4.6 2.6 5.1 20.1 na 11.0 -20 -29 local & long-distance phone servs
FSF Financial Corp. (M: FFHH) 4.6 3.8 14.9 19.6 na 37.1 27 12 holding co for fed'l savings bank
Barclays PLC (ADR) (N: BCS) 4.3 3.4 14.9 12.2 na 49.0 -16 -26 UK-based financial services group
E.ON AG (ADR) (N: EON) 3.9 3.1 10.3 7.4 na 41.1 8 -5 energy & specialty chemicals
Croghan Bancshares, Inc. (O: CHBH) 3.8 3.7 10.8 10.5 na 37.5 23 9 bank holding co
Telefonos de Mexico, S.A. (N: TMX) 3.6 2.4 16.2 9.3 9.9 36.9 -5 -16 telecommun's servs in Mexico
BIW Ltd. (A: BIW) 3.5 2.4 18.3 46.8 na 35.1 0 -12 public service water corp
OceanFirst Financial (M: OCFC) 3.5 3.4 28.1 21.2 10.0 45.7 16 3 bank holding co
A. Schulman, Inc. (M: SHLM) 3.4 3.3 5.7 -4.3 9.6 46.3 -20 -29 plastic compounds & resins
Auburn Nat'l Bancorp (M: AUBN) 3.2 2.6 22.4 10.5 na 34.1 30 15 bank holding co
Median for Top 10 Yielders 3.7 3.2 14.9 11.4 9.9 37.3 4 -9  
Median for Non-DRP Firms With Div 2.3 2.5 4.0 5.5 12.0 30.6 11.5 -1  
Median for Firms Without Div 0 0 0 -2.5 18.4 0 -16 -26  
Statistics are based upon figures as of May 9, 2003.
Source: AAII's
Stock Investor Pro/Market Guide Inc. and I/B/E/S.

Exhchange Key: N = New York Stock Exchange
A = American Stock Exchange
M = Nasdaq