4 Fantastic Dividend Stocks with 10%+ Yields

NYSE: GNL | Global Net Lease, Inc.  News, Ratings, and Charts

GNL – There is more to these 4 stocks than just impressive dividend yields of 10%+. Find out the little known facts that improve the odds of success for GNL, PBFX and the others.

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!

While the market was making new highs it was the right time for more growth oriented and Risk On positions. But in the past few days the market has pressed on the brakes.

First, because of noise out of China that they are not happy with the US meddling in its affairs in Hong Kong. And that they DEMAND that the US roll back existing tariffs to complete Phase 1. This means we may be further away from a deal than previously understood.

Second, the surprisingly weak ISM Manufacturing report on Monday morning splashed cold water on stock market bulls. This is the 3rd straight month with a reading under 50. Historically that type of contractionary result has not bode well for stock prices.

Add it all up and it might be a time for income stocks to take the lead for a while. So I got busy with a research project to uncover the best looking income stocks available. In the end 4 emerged head and shoulders above the rest.

Global Net Lease (GNL - Get Rating) is a REIT with a well above average 10.4% dividend yield. But here is what is most impressive. GNL has grown the dividend payment by more than 28% a year for the past 5 years. This is a great sign that GNL’s hearty dividend is here to stay and likely to be raised in the years ahead.

No dividend stock list is complete without an attractive pipeline firm in the mix. PBF Logistics (PBFX) perfectly fits that bill perfectly. PBFX sports a quite impressive 10.2% dividend yield and a, not-too-shabby, 10.5% annual increase.

Now let’s delve into the specifics of this stock search so you appreciate the full attractiveness of these top end income payers:

2,034 stocks with a POWR Ratings of A and B.  Always need to start the party with our proprietary ratings model that finds stocks with the best momentum and timeliness. Typically the strength in price action is a reflection of positive fundamental catalysts at play.

74 of those stocks have 8% dividend yield or higher. So this single criteria quickly got rid of 96% of the potential candidates. And from there we narrowed down even further to those with 10% dividend yields.

17 of those stocks had grown dividend payments by greater than 5% per year for the past 5 years. And from there I whittled it down to the 4 with the most impressive rate of annual dividend increases.

The logic of all this final criteria should be readily apparent. That these stocks with increased dividends in the past are more likely to keep up that trend in the future. But also it is hard to pay more dividends if the company is not producing enough earnings and cash flow to make it happen. So this is an important health check on the operational strength of the firm.

OK…you get the idea. These are not just your ordinary high yield stocks. They have been specifically selected to also provide proof of operational strength, history of dividend increases, and ample momentum. See all 4 below.

Company Ticker Market Cap ($mil) Div Yield % Annual Dividend Growth %
Dorchester Minerals DMLP $603 11.49 15.40
Delek Logistics DKL $800 10.96 11.82
Global Net Lease GNL $1,824 10.45 28.85
PBF Logistics PBFX $1,270 10.17 10.46

 

Want more great stock picks? Then check out these additional resources:

High Dividend Yield Stock Screener

POWR Ratings Full Strong Buys List

Reitmeister Total Return portfolio

 


GNL shares rose $0.05 (+0.25%) in after-hours trading Monday. Year-to-date, GNL has gained 25.97%, versus a 26.44% rise in the benchmark S&P 500 index during the same period.

 


About the Author: Steve Reitmeister


Steve is better known to the StockNews audience as “Reity”. Not only is he the CEO of the firm, but he also shares his 40 years of investment experience in the Reitmeister Total Return portfolio. Learn more about Reity’s background, along with links to his most recent articles and stock picks. More...


More Resources for the Stocks in this Article

TickerPOWR RatingIndustry RankRank in Industry
GNLGet RatingGet RatingGet Rating
DKLGet RatingGet RatingGet Rating
DMLPGet RatingGet RatingGet Rating
PBFXGet RatingGet RatingGet Rating

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!

Top Stories on StockNews.com

: ACB | Aurora Cannabis Inc. Common Shares News, Ratings, and Charts

Is Now the Time to Buy Shares of Aurora Cannabis (ACB)?

In March of this year, the company's stock was up nearly 90% and had a $10 billion market cap. However, currently the company’s stock sits lower by 53%.
NASDAQ: CBOE | Cboe Global Markets, Inc.  News, Ratings, and Charts

The 6 Rookie Mistakes Options Traders Should Avoid

Today's featured article covers the 6 rookie mistakes options traders should avoid. Continue reading to find all about them.
NYSE: SPY | SPDR S&P 500 News, Ratings, and Charts

[Just Released] 2020 Stock Market Outlook

What is the target for the S&P 500 (SPY) in 2020? Better yet, what are the 3 elements of stocks likely to outperform in the year ahead? Get the answers to that and more in this 2020 Stock Market Outlook.
NYSE: SPY | SPDR S&P 500 News, Ratings, and Charts

3 Things Investors Need To Know About The Blowout Jobs Report

Today's featured article covers the three things investors need to know about the blowout jobs report. Continue reading for more details
NASDAQ: GWPH | GW Pharmaceuticals Plc News, Ratings, and Charts

Why Investors Should be Bullish About GW Pharmaceuticals (GWPH)

GW Pharmaceuticals (GWPH) has been on a steady downtrend since they reported their last quarterly earnings in November.

Read More Stories


More Global Net Lease, Inc. (GNL) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All GNL News
Page generated in 1.7477 seconds.