

Airtime: Tue. Nov. 3 2009 | 10:45 AM ET
Joseph Keating, of RBC Bank, and John Dorfman, of Thunderstorm Capital, share their best dividend stock plays.
Automatically Generated Transcript, may not be 100% accurate (show more)
" If you think finding high quality stocks that pay dividends of 5% or more is alongside think again. Here are some of their best efforts that will play while you wait the next rally hesitating RBC bank's chief -- also private asset management. John Dorfman chairman of thunderstorm capital portfolio manager of the Dorfman value bonds I'll start -- you. I can get a 5%. Dividend."
" You can certainly get high fours and some really interesting stocks such as Merck and overseas ship holding group. Those -- two of my favorites among my holdings are those dividends they. Well. Not totally in the case of overseas ship holding group this pressure around tanker rates but I think it's it's likely to be preserved yes. And that America I think it's likely to be preserved as well."
" We do market and we're really focused on the highest quality. Names sell we we actually gave it twelve. We would like Procter & Gamble and Colgate-Palmolive Pepsi very high quality brand name companies. Two to 3% dividend yields if you want to get higher you can go into the pipelines we like the energy infrastructure United States. Names like Enterprise Products Partners Energy Transfer Partners and plains all America elected to big telecoms AT&T and Verizon. Over the health care arena were under way to. But we do like that name is in the news today Johnson Johnson and we also like -- And even technology worthy for the yields are not that high in companies like Intel and IBM. Very safe secure dividends that's the wrong about it they consider the sanctity of the dividend."
" Who's really into. And Tanya mentioned summit before we intend that ship holding that I mean some of the tanker companies mean some of the ones that do -- evidence within North America they're incredibly high -- the -- front. But would you just in general be cautious when you see a high yield."
" Well there's there's really such a thing street -- you know. Generally when you see these these fields that are live north of six they come with -- with some risk. But that doesn't mean that when -- never never do it I think that number of the -- stocks are interesting and very. Rich in dividends. You can get six in in Duke Energy. Right now. Which -- think -- an interesting utility and the payout ratios behind that is they're paying a high percentage of their profits and dividends that I suspect that the economy will bail them."
" And wanting to incredibly incredibly quick follow up to you John World Wrestling Entertainment make a lift. Yes I don't -- that went for clients but I think it's an interesting speculation right now that dividend is around him. Mark world wresting entertainment thanks so much to both of you we appreciate it don't."