Double-Digit Yielders to Buy

Who wouldn’t like a piece of a juicy double-digit yield? Of course, the issue you come across in dividend stocks with big yields is that they often also have some big risks associated with them. High volatility and murky growth prospects are two common tradeoffs for high-yield stocks.

So, I decided to see if I could wade through the prospects and find an enormous dividend that might be worth the risk. A couple mega-yielders I’ve examined are junkers and to be avoided, but I’ve also come across a couple real investment possibilities: PetroLogistics (NYSE:PDH) is a master limited partnership that owns and operates propane dehydrogenation facilities. (For us chemistry geeks, that means it converts propane into propylene.), Distribution Yield: 20% and Western Asset Mortgage Capital Corporation (NYSE:WMC) is an mREIT, meaning it invests in residential mortgage-backed securities for which principal and interest payments are guaranteed by the government. So I like that Uncle Sam is on the hook here, Dividend Yield: 17.5%.

Source: InvestorPlace

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