We all see the news about what stocks the big billionaire gurus are buying like Warren Buffett, Carl Icahn and others. Many investors follow these gurus hoping to piggyback on their stock picks. This is a strategy for a short to median trade, as these stocks see price increases as more investors jump on board. What about high dividend stocks?
A select group of gurus own stocks with dividend yield above 10%. This is a confirmation that these 10% yielders are worth a look for income investors. Here is a list of stocks to consider for high yield dividends. Crexus Investments (CXS), PennyMac Mortgage Investment Trust (PMT), Portugal Telecom Group (PT) and Annaly Capital Management, Inc. (NLY).
Source: Seeking Alpha
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