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These stocks are paying 17% dividends
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Tuesday, February 23, 2010
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By Tom Dyson in DailyWealth:

Some interesting stocks appeared on my stock screener this morning...

As a full-time dividend stock analyst, I screen the market every day for high-yield stocks. I'm looking for the income investor's holy grail: a strong company, with sound finances, paying a sustainable 15% dividend yield.

It's mostly a fool's errand.

Stocks have high yields because no one wants them. The yield climbs because the stock price has collapsed or the dividend payment is about to collapse... or both.

Most of the time, my screens usually return rotten sneakers, soiled diapers, and an occasional rusting supermarket cart... But this morning, I screened the market for stocks paying over 15%... and I found this collection of high-quality companies...

Read full article...

More on dividends:

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The best dividend income strategy you'll find anywhere

A select group of stocks that have raised dividends for over 50 years

Topics: Dividends | Stocks
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