Investing for income is becoming a scary proposition. As stock prices rise and, consequently, yields fall, finding substantial income in today’s market is a tough job. Despite the recent spike in interest rates, rates remain punishingly low for those with savings who want to earn income from their investments.
As a result, investors may be tempted to chase yield from speculative stocks or sectors of the market that are obscure and fraught with risk. Never fear, investors: there are still highly profitable stocks from easily understood industries that pay you 5% or more to own them. Look here for hefty yields: Telecom giant AT&T (NYSE: T), One high-yielding international energy company is Royal Dutch Shell PLC (NYSE: RDS-B) and an oil and gas MLP like Kinder Morgan Energy Partners L.P. (NYSE: KMP).
Source: Motley Fool
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