2 Big Dividend Stocks Yielding 8%; Wells Fargo Says ‘Buy’

At times like this, it is tempting to jump on a bandwagon and buy up the growth stocks, aiming to capitalize on the broader trends. But is that really the best play? Analysts from Wells Fargo are pointing out stocks with sky-high dividend yields from companies that have also demonstrated their commitment to keeping the payout reliable.

Starting in the energy industry, TC Pipelines (TCP) is, as its name suggests, a player in the midstream sector. The company, through its subsidiaries, owns and operates a network of natural gas pipelines in the US and Canada, and is responsible for transporting as much as 25% of all the natural gas used in North America. The second stock today is Golub Capital (GDBC), a business development company in the middle market. Golub makes financing and lending solutions available to mid-market companies that might otherwise have difficulty accessing capital markets. Golub’s portfolio totals more than $30 billion in assets under management.

Source: Yahoo Finance

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