The following is a list of high yield dividend stocks that have seen institutional buying over the last three months. To compile the list, we started with a universe of about 120 stocks with dividend yields between 4% and 7%. We then narrowed down the list by only focusing on those names that have seen institutional inflows over the last three months.
Admittedly, the institutional buying has been relatively conservative for most of the names below, but it's worth pointing out that these companies are the smart money's favorite high yield dividend stocks: 1. Huaneng Power International Inc. (HNP), 2. Sanofi-Aventis (SNY), 3. CPFL Energia S.A. (CPL), 4. Digital Realty Trust Inc. (DLR)and 5. Natural Resource Partners LP (NRP).
Source: NASDAQ
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