7 Ultra-High Dividend Stocks for Income Investors
As interest rates increase, searching for quality companies with ultra-high dividend stocks is even more vital for income investors looking to deliver on their retirement dreams. At the beginning of 2022, the SP 500 yield was 1.27% . At the end of June, it was up 42 basis points to 1.69%. However, over the same period, the U.S. 10-Year Treasury went from 1.63% at the beginning of the year to 2.97% at the end of June, an 82% increase in just six months. So, if income is your only concern, the Treasury is the better play over one of several index-related ETFs. However, if you want income and capital appreciation, there are a decent number of opportunities in the index. What’s the definition of ultra-high dividend stock? Well, at the very least, it’s double the current yield on the 10-year Treasury. That brings us to 6%, more than 3x the index’s yield. A quick index screen tells me that only six of the 505 constituent stocks in the SP 500 yield 6% or more. I’ve got to widen the net. The SP 1500 currently has 50 stocks yielding 6% or more.
7 Ultra-High Dividend Stocks for Income Investors
As interest rates increase, searching for quality companies with ultra-high dividend stocks is even more vital for income investors looking to deliver on their retirement dreams. At the beginning of 2022, the SP 500 yield was 1.27% . At the end of June, it was up 42 basis points to 1.69%. However, over the same period, the U.S. 10-Year Treasury went from 1.63% at the beginning of the year to 2.97% at the end of June, an 82% increase in just six months. So, if income is your only concern, the Treasury is the better play over one of several index-related ETFs. However, if you want income and capital appreciation, there are a decent number of opportunities in the index. What’s the definition of ultra-high dividend stock? Well, at the very least, it’s double the current yield on the 10-year Treasury. That brings us to 6%, more than 3x the index’s yield. A quick index screen tells me that only six of the 505 constituent stocks in the SP 500 yield 6% or more. I’ve got to widen the net. The SP 1500 currently has 50 stocks yielding 6% or more.