A portfolio with an equal weighting in the 5 stocks below will yield about 13%. If you invest in stocks with an average yield of 13%, your portfolio will double in value in just over five years. If you adjust the portfolio to hold more of the higher dividend stocks, you can increase the yield and shorten the time to double your portfolio.
Here is a portfolio of top-yielding stocks that could double your money in just over 5 years:
1. PDLI Biopharma, Inc. (PDLI)
2. Calumet Specialty Products Partners (CLMT)
3. Energy Transfer Partners (ETP)
4. Invesco Mortgage Capital (IVR)
5. Capstead Mortgage Corporation (CMO)
Source: Seeking Alpha
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