Walter Industries (WLT)

Price*: $18.96 | Dividend: $0.40 | Dividend Yield: 2.11%

Recommendation Info
We downgraded this stock from the "Recommended" list on 9/2/08, at a price of 93.80.

Dividend Stock Ratings Breakdown

1. Relative Strength

Stock is slightly underperforming.

2. Overall Yield Attractiveness

Stock's dividend yield is unattractive.

3. Dividend Reliability

This rating is directly related to the length and consistency of a company's dividend payouts.

4. Dividend Uptrend

Dividend payouts are consistent, but increases small.

5. Earnings Growth

Earnings estimates are basically unchanged.

Price and Dividend Info

Walter Industries (WLT)

Previous Day's Closing Price*

$18.96

Annual Stock Dividend

$0.40

Current Dividend Yield

2.11%

Recent Headlines

Yesterday's Newsletter Foretold Today's Walter Industries Jump (WLT)
Fri, Oct 17, 2008
Commodity-Focused Dividend Stocks Crushed This Past Week
Sat, Oct 4, 2008
Panic Selling Coming Right on Time (POT, WLT, CF)
Tue, Sep 9, 2008
Dividend Stock Recommendation Changes (WLT, FCX, FPL, CPO, TUP)
Tue, Sep 2, 2008
Dividend Stocks Watchlist (V, WLT, FCX)
Mon, Sep 1, 2008
Coal Stocks: Have They Dropped Enough? (ACI, CNX, WLT, MEE, BTU, FDG)
Sun, Aug 17, 2008
Dividend Payout Changes Today (AFSI, EROC, KSP, ZEUS, UNP, WLT, LFG)
Thu, Jul 31, 2008
Walter Industries: Best Coal Takeover Target Left? (WLT)
Tue, Jul 29, 2008
Coal Stocks: Time to Lighten Up (ACI, CNX, WLT, MEE, BTU)
Sat, Jul 19, 2008
Dividend Plays Getting Hit Hard in the Commodity Sector (X, CLF, AGU, FLR,WLT)
Tue, Jul 8, 2008
Cleveland Cliffs & Walter Industries Pulling Back (CLF, WLT)
Wed, Jul 2, 2008
Dividend Coal Play Up 200% This Year! (WLT)
Sat, Jun 28, 2008

Profile & Recommendation

Company Profile

Walter Industries- (WLT)-provides a line of products and services, including coal and natural gas, furnace and foundry coke, slag fiber, mortgage financing, and home construction worldwide. The company was founded in 1946 and is headquartered in Tampa, Florida.

Recommendation

Based on our rating criteria, this stock has achieved a "Neutral" rating. Stocks with a neutral rating are considered mediocre investments in terms of expected price growth and dividend payments.

Stock Notes

This mid cap stock does not make an attractive dividend stock investment at this time.

* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.