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Zacks.com 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 Zacks.com: http://at.zacks.com/?id=84

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: http://at.zacks.com/?id=85

About Zacks Featured Experts

Successful investing requires professional advice from knowledgeable experts who can help investors achieve their financial goals in good markets and improve their portfolios, especially in bad ones. That is why Zacks Investment Research has assembled the best investment experts in the business to offer their powerful advisory newsletters on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc.

Additional recommendations from Zacks.com Featured Experts are highlighted in the free investment newsletter, Profit from the Pros. Each issue highlights several Featured Experts in this free e-mail newsletter. Register for a free subscription to "Profit from the Pros" at: http://at.zacks.com/?id=86

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=87

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
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Publication:Business Wire
Date:Dec 13, 2006
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