With so investors seeking high yield, it’s important for income investors to find dependable high yield dividend payers that they can count on. With projections for a slower growth economy amid historically low interest rates, it’s now more important than ever to find these solid dividend paying companies as there are fewer places to turn to for high yielding investments without taking on unwelcomed risk. By screening for stocks with market beating yields, double digit growth rates, above median increasing cash flows and a strong balance sheet, this screen seeks to do just that by finding those companies that could turn into long-term core holdings for an income producing portfolio. And with a Zacks Recommendation of a Buy or at least a Hold, these stocks have the potential to become total return winners as well.
Dividend paying stocks can help you build out a well diversified portfolio. And if projections for a slower growth economy come true, the investment vehicles with ‘something extra’, i.e., solid and dependable dividends, will become even more highly sought after as investors seek out the best total returns while keeping a watchful eye on risk.
This list is filled with high yield stocks, many above 10%, that are ranked buy or hold by Zachs Investment Research. Some of the popular names include: FUN that is being recommenmded by Jim Cramer; FSC & MAIN that are monthly dividend payers, CXS & PMT that offer mortgage REIT yields; and several energy stocks for continuing dividends. The table belows displays the list of high yield dividend stocks.