5 Great Dividend Stocks with Generous Yields

In a low-interest world, these five high-yielding dividend stocks are strong buys for any income investor..

This story was originally published here.

Over the past few weeks, stocks across the board have had a hot run. But, as fears of a Second Wave begin to outweigh the V-shaped recovery thesis, it’s debatable whether indices such as the S&P 500 (NYSEARCA:SPY) will continue climbing to past highs.

But don’t let this uncertainty scare you off. There are other ways to find safe returns in today’s market, especially for income investors. Granted, with the Federal Reserve slashing interest rates, it’s tough to find yield. However, plenty of high-quality dividend stocks are still paying mouth-watering yields. That is to say, dividend yields above 5% per year.

On the other hand, these high-yielding stocks are not without risk. Sure, many of them are high quality, stable companies. But we’ve yet to see the full damage from the pandemic. As this commentator recently noted, even the most venerable companies may not be immune to dividend cuts and freezes.

However, we currently live in a low-interest rate world. Fixed-income investments like CDs, money market accounts, and even bonds don’t cut it much anymore. Dividend stocks are a necessity for any investor with income generation as their top priority.

So which high-yielding dividend stocks should you consider? Taking a look at large cap names, these five come to mind.

With dividend yields of 5% and above, these should be on any income investor’s shortlist. Also, with many of them still lower than where they traded pre-pandemic, there could be further upside potential as well.

Dividend Stocks: Altria Group (MO)

As I discussed in my May article about “sin stocks,” this is a name with high controversy, but high returns to match. Altria is the parent of tobacco giant Phillip Morris USA, producers of America’s top cigarette brand, Marlboro.

For most of the 2010s, MO stock produced strong returns for investors. But setbacks including the controversy related to its investment in vaping giant Juul have taken some wind of out of the stock in recent years. The pandemic has only further hurt the stock’s poor price performance over the past few years.

That being said, the company hasn’t fallen short when it comes to dividends. As a result, this dividend stock is one of the highest-yielding blue chips out there, with a 8.26% forward dividend yield.

Tempted? Of course, there’s good reason why this stock sports a higher yield than other types of blue-chip consumer products companies. As U.S. smoking rates continue to decline, future earnings may not be as strong as they are today. But for now, as a cash cow with a recession-resistant operating business, expect its strong dividend payouts to continue.

With this in mind, this remains a high-yield dividend stock to keep top of mind for any income investor’s portfolio.

Editor's Note: Click here for the rest of the dividend stocks.

The Most Important Chart You’ll See Today

Dear Reader,

Take a look at this chart:

As you know, the stock market crashed big time back in March.

But see the orange line?

If you had been using this little-known strategy, you would have stayed in the black.

Better yet…

You receive instant cash upfront — anywhere from $240 to $2,475 per trade — every single time you use it.

That’s exactly why Barron’s calls this “one of the greatest strategies in existence.”

So if you want to have the chance to get some of the volatility out of your portfolio and sleep well at night…

While making A LOT more money upfront…

Just go here to check out our brand-new Master Class, which shows you exactly how it works.

Regards,

Brian Hunt
CEO, InvestorPlace

P.S. By the way, if you’re interested in getting the details on this very simple strategy, for a very limited time you can try it today for just $7. I promise you: Once you see how easy this is to do, you’ll never look at investing the same way again. Check it out here, before this goes offline.

Write This Stock Ticker Down Right Now

Enter your email below to see the stock name and ticker on the next page.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

Write This Stock Ticker Down Right Now

Enter your email address to see the name and ticker on the next page.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

How to Collect "Amazon Royalty" Payouts Before the Deadline

Thanks to a little-known IRS loophole, regular Americans can collect up to $28,544 (or more) in payouts from what is called “Amazon’s secret royalty program”…
Enter your email address to access all the details.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

Elon Musk's "Project Omega"

It could soon mint new millionaires, while plunging millions of unprepared Americans into poverty. Get the stocks at the center of it all.
Enter your email address to receive the names and ticker symbols.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

The #1 Trade For 2023

Elon Musk is set to reveal his secret “Project X” that could revolutionize a $23 Trillion industry, and potentially be 1,000x bigger than EV’s. 
This Backdoor play could hand early investors a windfall of gains.
Enter your email address to receive this company’s name and ticker symbol for free.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

#1 A.I. Stock Currently Trading For $3

Gain immediate access to this revolutionary $3 A.I. stock that is set to disrupt a $15 Trillion Market soar 75X.
Enter your email address to receive the name and ticker symbol for free.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

Project An-E

Breakthrough A.I. Just Predicted What the Stock Prices of Tesla, Nvidia, and Apple Will Be 30 Days from Now…
Enter your email address for immediate access.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

Elon Musk's "Project Omega"

It could soon mint new millionaires, while plunging millions of unprepared Americans into poverty. Get the stocks at the center of it all.
Enter your email address to receive the names and ticker symbols.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

#1 A.I. Stock Currently Trading For $3

Gain immediate access to this revolutionary $3 A.I. stock that is set to disrupt a $15 Trillion Market soar 75X.
Enter your email address to receive the name and ticker symbol for free.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

#1 Stock of This Generation

Set to disrupt global industries, this tiny $2 stock could very soon shoot up 150%, 400% … even 900% or more!-
Enter your email address to receive this company’s name and ticker symbol for free.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)