Printer Friendly Announces that Paul Tracy Highlights the Following Stocks: Teekay LNG Shipping, First Horizon National and SCANA Corp.

CHICAGO -- Paul Tracy, editor of the StreetAuthority Market Advisor newsletter, scoured the investment landscape for some solid dividend income plays. Learn about Teekay LNG Shipping (NYSE:TGP), First Horizon National (NYSE:FHN) and SCANA Corp. (NYSE:SCG). Click here for the full story exclusively on

Highlights from the December 4 Featured Expert column by Paul Tracy include:

Tracy and his team recently scoured the investment landscape in search of companies with dividends yields above 4%, payout ratios equal to or less than 100%, and a history of boosting dividends by an annualized rate of at least +5%. And in the text that follows Tracy's team highlight a few of their favorites.

Teekay LNG Shipping (NYSE:TGP): This master limited partnership owns a fleet of four liquefied natural gas (LNG) tanker ships. All of the company's ships are contracted to major energy firms with 15 to 20-year contracts at fixed rates.

TGP offers an impressive dividend yield of nearly 6%. And as TGP's new ships are delivered and start earning revenues, distributions will rise even further -- distribution increases of roughly +10% annually over the next few years aren't out of the question. That makes TGP a solid choice for investors looking for a stable, growing income stream.

First Horizon National (NYSE:FHN) is a financial services company engaged in mortgage banking, capital markets, and traditional banking services.

With a payout ratio of just 46%, FHN's 4.5% yield looks well supported. The company has also more than doubled its dividend payouts per share from $0.22 per quarter in 2001 to $0.45 per quarter in 2006.

SCANA Corp. (NYSE:SCG) generates and sells electricity primarily in South Carolina. In addition to electricity, SCANA supplies natural gas to business and retail customers in the Carolinas and Georgia. In total, SCG has about 600,000 electric utility customers and another 1 million natural gas customers.

When compared to other regulated utilities, SCG offers a number of key advantages. First, the company primarily generates power using nuclear and hydroelectric power plants. Generation costs from such plants are relatively stable over time. By contrast, the cost of power produced from natural gas, coal and other commodities is highly volatile. Thus, SCG benefits from stable operating costs. Secondly, the company's core markets in the Southeast continue to see strong population growth, which means SCG's customer base is growing. SCG has a 4.1% yield and has boosted its distributions at an average annualized rate of nearly +7% over the past three years.

Read Paul Tracy's commentary on dividend growth, receive more information on the stocks above and discover more stocks by clicking:

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Publication:Business Wire
Date:Dec 13, 2006
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