For today’s article, I wanted a simple list of high-yield dividend stocks for 2020. But not just that — the other criteria is that the stock has to be cheap. Essentially, I was looking for a series of dividend stocks that the 2019 stock market rise bypassed. These five stocks have those characteristics.
Gap (NYSE:GPS) stock has a $6.8 billion market value. It has over 3,396 company-owned apparel stores and 542 franchises. Dividend Yield: 5.6% Power Financial (TSE:PWF, OTCPK:POFNF) is a 13 billion CAD market capitalization life and health insurance stock. Dividend Yield: 5.1% Meredith Corporation (NYSE:MDP) is the number-one magazine operator in the U.S. Dividend Yield: 7.3% The Chemours Company (NYSE:CC) makes performance chemicals, including fluoroproducts like refrigerants. Dividend Yield: 5.9% Rio Tinto (NYSE:RIO) is a global company that mines and produces aluminum, silver, molybdenum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and uranium. Dividend Yield: 9.8%
Source: InvestorPlace
Related Articles:
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- 5 Dividend Stocks Yielding Over 3%, With Tiny Payout Ratios
- Warren Buffett's Secret To 50% Returns
- 5 Undervalued, Big-Name Stocks To Consider For Your Dividend Portfolio
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