Favorite High-Yield S&P 500 Dividend Stocks

The Standard & Poor’s 500 is a major tool used by many meaningful investors. The index has over USD5.58 trillion benchmarked, with index assets comprising approximately USD1.31 trillion of this total. The index includes 500 leading companies in leading industries of the U.S. economy, capturing 75 percent coverage of U.S. equities. Most of my investments come from the S&P 500. It’s still a big source for dividend stocks because 407 stocks (81.4 percent of the index member) pay dividends. I’ve often published lists of the highest yielding stocks, also from the S&P 500, but this list is getting smaller and smaller.

As of now, only 14 companies have a yield over five percent; Four of them are currently recommended to buy. The strong increase of the broad market makes stocks more expensive and yields come down. I hope that the average yield of equities will not fall to a 1 percent or less rate. Linked is a small list of all High-Yield stocks from the S&P 500. Here are my favorite stocks: Altria Group (MO), Pepco Holdings (POM) and Garmin (GRMN).

Source: Guru Focus

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