If you are shopping for dividend stocks at the moment, you might find the situation a bit frustrating. Due to a prolonged rally in the U.S. stock market, stocks have generally gotten more expensive. Worse yet, the inverse relationship between dividend yield and stock price means high-yield stocks are getting much harder to find. Still, even though the average yield is subdued, individual companies may still offer oversized payouts. With that in mind, let’s look at three high-yield stocks for December 2019. These companies are truly generous; even the lowest-yielding name in this list yields nearly three times as much as the benchmark’s average...
The first one on the list is AT&T Inc (NYSE:T), which, if you live in the U.S., probably needs no introduction. It’s one of the largest wireless carriers in the country, with more than 155 million wireless subscribers. Remember when I said there’s an inverse relationship between stock price and dividend yield? Well, while that relationship has led to the overall market dividend yield to go lower, it has brought Macy’s Inc’s (NYSE:M) yield up to a jaw-dropping level. To be honest, given what most companies are paying right now, a dividend yield of over 10% simply seems too good to be true. But it is happening. For instance, THL Credit, Inc. (NASDAQ:TCRD) will be paying a quarterly cash dividend of $0.21 per share on December 31 to shareholders of record as of December 16.
Source: Income Investors
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- 5 Dividend Stocks With A Low Payout Ratio
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