15 Best High Yield Stocks To Buy

Published on December 4, 2023 at 3:08 pm by Vardah Gill in Dividend Stocks, Hedge Funds, News

In this article, we discuss 15 best high-yield stocks to buy. You can skip our detailed analysis of dividend stocks and their performance over the years, and go directly to read 5 Best High Yield Stocks To Buy.

Investors exploring dividend stocks often place significant focus on dividend yields and dividend growth. Both these factors are crucial because they provide insights into a company’s financial health and its ability to generate profits and distribute them to shareholders. Despite being widely recognized and followed, dividend stocks found themselves trailing behind the performance of technology equities. Reports from Bloomberg Intelligence indicate that only $786 million has been invested into dividend exchange-traded funds (ETFs) thus far in the year. This figure represents the smallest inflow since 2006, signaling a notable decline in the attraction towards dividend-oriented investment vehicles.

D.J. Tierney, senior investment portfolio strategist at Schwab Asset Management, spoke about the performance of dividend stocks this year in one of his interviews with Bloomberg. Here is what he said:

“With a small handful of largely growth-oriented stocks dominating the market’s performance, 2023 was a challenging environment for dividend-paying, value securities, especially with the compelling case for fixed income in a higher rate environment.”

That said, analysts aren’t advising investors to avoid dividend stocks altogether. According to a report from Franklin Templeton, a blend of low volatility and consistently high dividends serves as a useful way to screen stocks, especially in times of significant uncertainty in the broader economic environment. The firm emphasizes a dividend approach that considers factors like earnings and profitability. By doing so, there’s a better chance of ensuring that a high dividend yield remains sustainable. Essentially, this approach offers a deeper evaluation of a company’s core fundamentals.

Don’t Miss: 12 Very High Yield Dividend Stocks With Upside Potential

In addition to this, high-dividend stocks have shown a strong historical performance over the years. In one of our articles, we referred to research from The Wellington study, which examined S&P 500 dividend-paying stocks from 1930 to 2019, and categorized them into five groups based on dividend yields. The top 20% of dividend payers performed best, followed by the moderate dividend group, outperforming the S&P 500 in several periods. However, the lower dividend groups didn’t fare as well, with less consistent performance compared to the index.

Leggett & Platt, Incorporated (NYSE:LEG), Altria Group, Inc. (NYSE:MO), and Enterprise Products Partners L.P. (NYSE:EPD) are some of the best dividend stocks as these companies not only offer high dividend yields but have also maintained a consistent track record of increasing their dividend payments over multiple years. In this article, we will further discuss other dividend stocks with high yields.

Photo by Dan Dennis on Unsplash

Our Methodology:

For this list, we scanned Insider Monkey’s database of 910 hedge funds as of Q3 2023 and picked dividend stocks that have yields above 4%, as of December 4. Though very high yields can pose risks, we selected companies from the list known for consistently paying dependable dividends. The stocks are ranked in ascending order of hedge fund investors having stakes in them.

15. Realty Income Corporation (NYSE:O)

Number of Hedge Fund Holders: 23

Dividend Yield as of December 4: 5.63%

Realty Income Corporation (NYSE:O) is a real estate investment trust company that primarily deals with commercial real estate. They specialize in owning and managing a diverse portfolio of retail and commercial properties. It is one of the best dividend stocks on our list as the company pays monthly dividends to shareholders. It currently offers a monthly dividend of $0.256 per share and has a dividend yield of 5.63%, as of December 4. The company has been growing its dividends consistently for the past 29 years.

At the end of Q3 2023, 23 hedge funds in Insider Monkey’s database owned stakes in Realty Income Corporation (NYSE:O), compared with 24 in the preceding quarter. The collective value of these stakes is nearly $150 million. Among these hedge funds, Balyasny Asset Management was the company’s leading stakeholder in Q3.

14. NNN REIT, Inc. (NYSE:NNN)

Number of Hedge Fund Holders: 24

Dividend Yield as of December 4: 5.46%

An American real estate investment trust company, NNN REIT, Inc. (NYSE:NNN) is next on our list of the best dividend stocks with high yields. The company offers a quarterly dividend of $0.565 per share, having raised it by 2.7% in July this year. Through this increase, the company took its dividend growth streak to 34 years. The stock has a dividend yield of 5.46%, as of December 4.

The number of hedge funds tracked by Insider Monkey owning stakes in NNN REIT, Inc. (NYSE:NNN) grew to 24 in Q3 2023, from 21 in the preceding quarter. The consolidated value of these stakes is more than $227.7 million.

13. Best Buy Co., Inc. (NYSE:BBY)

Number of Hedge Fund Holders: 28

Dividend Yield as of December 4: 5.01%

Best Buy Co., Inc. (NYSE:BBY) is a multinational retailer, based in Minnesota. The company specializes in consumer electronics, home office products, entertainment software, appliances, and related services. It has been growing its dividends for the past 10 years and currently pays a quarterly dividend of $0.92 per share. With a dividend yield of 5.01%, BBY is one of the best dividend stocks on our list.

As of the close of Q3 2023, 28 hedge funds tracked by Insider Monkey held stakes in Best Buy Co., Inc. (NYSE:BBY), down from 31 in the previous quarter. These stakes are collectively valued at over $311.8 million. D E Shaw was one of the company’s leading stakeholders in Q3.

12. Energy Transfer LP (NYSE:ET)

Number of Hedge Fund Holders: 34

Dividend Yield as of December 4: 9.00%

Energy Transfer LP (NYSE:ET) is a Texas-based company that is involved in the midstream and transportation aspects of the energy industry. It operates a vast network of pipelines that transport various energy resources. The company was a part of 34 hedge fund portfolios at the end of Q3 2023, which remained unchanged from the previous quarter, as per Insider Monkey’s database. The stakes owned by these hedge funds have a total value of over $803.2 million.

Energy Transfer LP (NYSE:ET), one of the best dividend stocks, has been raising its dividends for the past eight years. The company pays a quarterly dividend of $0.3125 per share and has a dividend yield of 9.00%, as recorded on December 4.

11. Dow Inc. (NYSE:DOW)

Number of Hedge Fund Holders: 39

Dividend Yield as of December 4: 5.35%

Dow Inc. (NYSE:DOW) is a multinational corporation that operates in the materials science industry. It specializes in the manufacturing and sale of a wide range of chemical, plastic, and agricultural products. On October 12, the company declared a quarterly dividend of $0.70 per share, which was in line with its previous dividend. The company has been paying regular dividends to shareholders since 1912, which makes DOW one of the best dividend stocks on our list. The stock’s dividend yield on December 4 came in at 5.35%.

At the end of September 2023, 39 hedge funds in Insider Monkey’s database owned stakes in Dow Inc. (NYSE:DOW), up from 37 in the previous quarter. The consolidated value of these stakes is over $1.38 billion.

10. Altria Group, Inc. (NYSE:MO)

Number of Hedge Fund Holders: 40

Dividend Yield as of December 4: 9.20%

Altria Group, Inc. (NYSE:MO) is a Virginia-based multinational corporation primarily known for its involvement in the tobacco industry. It’s one of the world’s largest producers and marketers of cigarettes and other tobacco products. The company is a Dividend King with 54 consecutive years of dividend growth under its belt. It currently offers a quarterly dividend of $0.98 per share and has a dividend yield of 9.20%, as of December 4.

As of the close of Q3 2023, 40 hedge funds tracked by Insider Monkey owned investments in Altria Group, Inc. (NYSE:MO), compared with 43 in the preceding quarter. The overall value of these stakes is above $565 million. With over 9.6 million shares, Harris Associates was the company’s leading stakeholder in Q3.

9. Kinder Morgan, Inc. (NYSE:KMI)

Number of Hedge Fund Holders: 42

Dividend Yield as of December 4: 6.37%

Kinder Morgan, Inc. (NYSE:KMI) is one of the largest energy infrastructure companies in North America, primarily focused on the transportation and storage of energy products. The company pays a quarterly dividend of $0.2825 per share and has been raising its dividends for six consecutive years. The stock has a dividend yield of 6.37%, as of December 4. KMI is among the best dividend stocks on our list with high yields.

Kinder Morgan, Inc. (NYSE:KMI) was a popular buy among elite funds during the third quarter of 2023, as the company ended the quarter with 42 hedge fund positions, up from 36 in the previous quarter, according to Insider Monkey’s database. The stakes owned by these hedge funds have a collective value of roughly $770 million.

8. United Parcel Service, Inc. (NYSE:UPS)

Number of Hedge Fund Holders: 42

Dividend Yield as of December 4: 4.18%

United Parcel Service, Inc. (NYSE:UPS) is a global package delivery and supply chain management company. It transports documents, packages, and freight both domestically and internationally. The company announced a quarterly dividend of $1.62 per share on November 1, which was consistent with its previous dividend. Overall, it holds a 21-year streak of consistent dividend growth, which makes UPS one of the best dividend stocks on our list. The stock has a dividend yield of 4.18%, as of December 4.

At the end of the third quarter of 2023, 42 hedge funds tracked by Insider Monkey reported having stakes in United Parcel Service, Inc. (NYSE:UPS), compared with 47 in the previous quarter. The total value of these stakes is over $1.83 billion. Viking Global was the company’s largest stakeholder among these hedge funds.

7. Crown Castle Inc. (NYSE:CCI)

Number of Hedge Fund Holders: 45

Dividend Yield as of December 4: 5.28%

Crown Castle Inc. (NYSE:CCI) is an American real estate investment trust company that specializes in owning, operating, and leasing shared communications infrastructure. The company offers a quarterly dividend of $1.565 per share and has a dividend yield of 5.28%, as of December 4. With the company’s dividend growth streak spanning over eight years, CCI is one of the best dividend stocks on our list.

Crown Castle Inc. (NYSE:CCI) was a part of 45 hedge fund portfolios at the end of Q3 2023, up from 41 in the previous quarter, according to Insider Monkey’s database. The collective value of stakes owned by these hedge funds is over $886.2 million.

6. AT&T Inc. (NYSE:T)

Number of Hedge Fund Holders: 52

Dividend Yield as of December 4: 6.62%

AT&T Inc. (NYSE:T) is a multinational telecommunications conglomerate that operates in various segments of the communications and media industry. The company pays a quarterly dividend of $0.2775 per share and has a dividend yield of 6.62%, as of December 4. It is one of the best dividend stocks on our list as the company has been paying uninterrupted dividends to shareholders since 1995.

At the end of September 2023, 52 hedge funds tracked by Insider Monkey owned investments in AT&T Inc. (NYSE:T), compared with 56 in the previous quarter. The collective value of these stakes is over $1.74 billion.

Click to continue reading and see 5 Best High Yield Stocks To Buy.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Published on December 13, 2024 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

A New Dawn is Coming to U.S. Stocks

Published on November 16, 2024 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up