We have a new list of high yield dividend stocks that are also filtered by being high quailty stocks. The filters are shown in the table below. These stock criteria include a buy or hold rating from Zacks Research, a projected EPS of 10% or greater, cashflow growth rate of 0.06% or greater, etc.
| Zachs Research |
Is Rated Buy or Hold |
| Dividend Yield | Greater than or Equal to 5.00% |
| EPS Growth (Proj this Yr vs. Last Yr) | Greater than or Equal to 10.00% |
| P/E (This Year’s Estimate) | Less than or Equal to 20.0 |
| Cash Flow Growth Rate (TTM vs. Prior TTM) | Greater than or Equal to 0.06% |
| Interest Coverage (Most Recent Qtr) | Greater than or Equal to 3.0x |
| Security Price | Greater than or Equal to $5.00 |
| Volume (90 day Average) | Greater than or Equal to 50.0K |
The list of stocks passing this hurdle are shown in the graph below. The most impressive stock is Two Harbors (TWO) which sports an 18% yield due to a recent price decline. TWO has NO long-term debt which is great for a REIT and is rated a strong buy by many analyst, Here is a detailed company description:
Two Harbors Investment Corp. (TWO) is an real estate investment trust (REIT), which focuses on investing in, financing and managing residential
mortgage-backed securities (RMBS). The Company focuses on investing in the asset classes, which includes agency RMBS, non-agency RMBS and financial assets other than RMBS, consisting of approximately 5% to 10% of the portfolio. Two Harbors is externally managed and advised by PRCM Advisers LLC. Capitol Acquisition Corp. (Capitol) is a wholly owned indirect subsidiary of Two Harbors. On October 28, 2009, Two Harbors Merger Corp., a wholly owned subsidiary of the Company merged with Capitol.
mortgage-backed securities (RMBS). The Company focuses on investing in the asset classes, which includes agency RMBS, non-agency RMBS and financial assets other than RMBS, consisting of approximately 5% to 10% of the portfolio. Two Harbors is externally managed and advised by PRCM Advisers LLC. Capitol Acquisition Corp. (Capitol) is a wholly owned indirect subsidiary of Two Harbors. On October 28, 2009, Two Harbors Merger Corp., a wholly owned subsidiary of the Company merged with Capitol.
