Having lost 23.5% of its value over the past 12-months, leading beverage company Coca-Cola Amatil Ltd (ASX: CCL) is one mighty appealing investment opportunity at the moment. Adding to the stock's long-term appeal is a hefty forecast FY 2015 dividend of 51 cents per share (based on consensus data from Morningstar Research). This payout equates to a dividend of 5.3% which is better than many blue-chip stocks including Woolworths Limited's (ASX: WOW) 4% yield.
The one sticking point for Coca-Cola Amatil's attractive yield however – judging by its last three dividends at least – is that the FY 2015 dividend is unlikely to be fully franked.
Lower franking aside, Coca-Cola Amatil's yield is still very attractive, however investors can currently achieve even higher yield options and importantly these stocks also have full franking credits attached to them.
Wotif.com Holdings Limited (ASX: WTF) is forecast to pay dividends totalling 19.7 cents per share (cps) in FY 2015 which equates to a yield of 7.5%.
Myer Holdings Ltd (ASX: MYR) is forecast to pay-out 15.5 cps in dividends in FY 2015, which implies a yield of 7.1%. (Based on Thomson Consensus estimates).
National Australia Bank Ltd. (ASX: NAB) is forecast to pay 214.8 cps in dividends in FY 2015 which would equate to a yield of 6.4%.
Insurance Australia Group Limited (ASX: IAG) is forecast to pay a dividend totalling 36.2 cps in FY 2015, implying a yield of 6.1%.
