With all the market volatility, investors are fleeing to income-oriented stocks. At least if the stock goes down, investors can receive some income while they are waiting for a recovery.

Amazingly, there are 25 stocks that pay their dividends quarterly and that yield over 12.5%. And for all the stocks that have price/earnings-to-growth ratios calculated, all but one have a PEG of less than 2.

The entire list of quarterly-dividend stocks can be downloaded in Excel format at WallStreetNewsNetwork.com, allowing you to change, add to and sort the data. For purposes of this analysis, closed end funds [CEFs], real estate investment trusts [REITs] and royalty trusts are considered stocks. Please note that many of these yields may not be sustainable. Also, these are quarterly-dividend payers, not monthly-dividend paying stocks.

One of the highest-yielding CEF stocks on the list is SunAmerica Focused Alpha Growth Fund (FGF), which pays an outrageously high yield of 45.2%. This yield includes the year-end distribution, which is composed of short-term capital gains along with dividends. The stock's P/E ratio is 6.4.

The highest-yielding industrial stock [non-CEF, non-trust] on the list is USA Mobility (USMO), a wireless communications company based in Alexandria, Va., that yields 26%. This $380 million market-cap stock has a P/E of 7.

One of the highest-yielding finance companies on the list is Deerfield Triarc Capital (DFR), which yields 23.8%. It invests in residential and commercial mortgage-backed securities and other types of debt. Its P/E is 14.7, and its PEG is 0.4.

T Nicholas-Applegate International & Premium Strategy Fund (NAI) is the highest-yielding international CEF on the list, with a 23.6% yield. It invests in equities outside the U.S. The P/E is 5.9.

The highest-yielding bank on the list is Washington Mutual (WM), a Seattle-based bank holding company that yields 15.3%. The stock has a P/E of 4.7 and a PEG of 1.93.

What would a high-yield list be without a shipping stock? US Shipping Partners (USS) is the highest on the list with a yield of 13.3%. This oil and gas marine transportation company has a P/E of 47.8 and a PEG of 20.92.

For the rest of the list of quarterly-paying high-yielders, including one that has a yield of 72.8% and another with a yield of 52.2%, download the list at WallStreetNewsNetwork.com , where you can also find a list of the highest monthly-dividend-paying stocks.

By Stockerblog.com

Author does not own any of the above.