15 Great Stocks with Great Yield
With markets rattling and whipsawing in a very volatile manner and the 10-year yield falling to post-WWII lows, investors may hunt for the safety of high-yielding dividend stocks. However, be warned, for some stocks, they only have high yields due to the fact that the stock price has been beaten down.
Thus, investors should look at stocks that have yield and are trading near their 52-week highs, showing strong performance and a commitment to dividends; if companies don't increase the dividend, then the yield will fall, so companies that have high yields and are trading near highs are growing dividends to maintain that yield.
This is what investors should look for. So without further ado, here are 15 dividend-paying stocks to look at, excluding financials.
1) AT&T (NYSE: T): yield=5.14%, within .7% of 52-week high
2) Duke Energy (NYSE: DUK): yield=4.55%, within 2.29% of 52-week high
3) Kimberly Clark (NYSE: KMB): yield=3.72%, within 2.79% of 52-week high
4) Verizon (NYSE: VZ): yield=4.81%, within 3.51% of 52-week high
5) Altria Group (NYSE: MO): yield=5.09%, within 4.14% of 52-week high
6) Reynolds American (NYSE: RAI): yield=5.62%, within 7.55% of 52-week high
7) Abbott Labs (NYSE: ABT): yield=3.3%, within 7.81% of 52-week high
8) Eli Lilly (NYSE: LLY): yield=4.78%, within 12.32% of 52-week high
9) Home Depot (NYSE: HD): yield=2.35%, within 13.94% of 52-week high
10) First Energy (NYSE: FE): yield=4.7%, within 14.36% of 52-week high
11) Illinois Toolworks (NYSE: ITW): yield=2.56%, within 14.89% of 52-week high
12) PG&E Corp (NYSE: PCG): yield=4.16%, within 14.94% of 52-week high
13) Pfizer (NYSE: PFE): yield=3.99%, within 18.89% of 52-week high
14) Merck (NYSE: MRK): yield=4.47%, within 19.34% of 52-week high
15) Phillip Morris (NYSE: PM): yield=3.63%, within 20.23% of 52-week high
Note: percentage of 52-week calculated as (52-week high - current price)/(52-week high - 52-week low)
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