Even in today’s bloated stock market, finding high-yield stocks is easy. Just go to any of the financial web sites, set dividend yield as the screener, and you’ll see dozens of stocks with double-digit payouts. What’s a lot more difficult, though, is finding high-yield stocks that are actually worth considering. When the average S&P 500 company is paying less than two percent, most ultra-high yielders don’t offer much in terms of dividend safety.
That’s why today, I would like talk to you about a rare find among high-yield stocks, Washington Prime Group Inc (NYSE:WPG). Washington Prime Group operates in the real estate sector. The company owns a portfolio of properties spread across the United States. By collecting rental income from its tenants, the company can afford to have a quite generous dividend policy. Right now, WPG stock pays quarterly dividends of $0.25 per share, which comes out to an annual yield of 13%.
Source: Income Investors
Related Articles:
- 4 Stocks With A Strong Cash To Dividend Coverage
- Optimizing Your Asset Allocation
- Dividend Growth Stocks Are My Conviction
- 5 Stocks With A Low Debt To Total Capital
- Should You Sell A Dividend Stock After A Dividend Cut?
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Strange but true: seniors fear death less than running out of money in retirement. So what's a retiree to do? You could cut your expense...
-
If you're anticipating a long retirement, you'll want to remain invested in stocks to give your money a chance of outpacing inflatio...
-
When writing this article, I was looking for an ideal list of dividend-paying stocks that consistently raise their dividends each year. In a...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
If I could teach investors one thing, it would be how to identify and value “Forever Assets.” These businesses constitute the single best wa...
-
Exxon Mobil Corporation (NYSE:XOM) stock is trading at the same level as it was during the beginning of 2019. Even with company-specific pos...
-
As a new decade approaches, it's a good time to think about putting a few stocks in your portfolio that can stand the test of time, pote...
-
Dividend-paying stocks from generally low-risk, top notch companies are a brilliant way to create steady and solid income streams to supplan...
-
One of the Best Dividend Stocks of the Past Decade. If you ask most people to name the best dividend stocks, they’ll rattle off a similar li...
-
Dividends are profit sharing payments sent out to stockholders. Companies have a variety of reasons for paying them, ranging from simply swe...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.