In light of the financial disaster the U.S. financial institutions have subjected the world to, I thought it would be interesting to run a quick screen of the top dividend yielding stocks in the S&P 500. I thought it might be real interesting to see given the nose-dive many stocks have taken in the past few week.
To get the list of stocks, I used the real simple, but pretty basic stock screener at MSN Money. Here is the criteria that I changed in the stock screen (all other fields I left as is):
S&P Index Membership = S&P 500
Dividend Yield = As high as possible