13 Explosive High Yield Dividend Stocks

NYSE: NLY | Annaly Capital Management Inc News, Ratings, and Charts

NLY – To celebrate the original 13 US colonies I have narrowed down to the 13 best high yield dividend stocks.

The main goal of this article is to point out the most exciting high dividend yield stocks on the market today. My secondary goal is to see how many bad 4th of July puns I can slip into the conversation.

YOU HAVE BEEN WARNED 😉

Yes, our great nation was forged by 13 colonies. So that’s why I narrowed down our focus to the 13 best looking high yield dividend stocks.

They have all declared their independence from your average stock selection by first signing on to pay out extraordinary dividends. In this case we are talking about yields between 12.48% to 16.01%.

The parade of outperformance doesn’t stop there. Each has displayed dazzling price action fireworks which propelled them all to POWR Ratings of A and B.

Yes, it is true that the POWR Ratings is based on a proprietary model that looks for the stocks displaying the best momentum. But history has shown that those companies rising the most in price typically got on the upswing because of a strong fundamental catalyst. Typically that ties back to attractive earnings growth that has investors bidding up shares.

The good news is that this combination of fundamental and price momentum has a way of becoming habit. Meaning that stocks on the rise typically stay on the rise.

When you combine that with exceptional dividend income you have a star spangled banner portfolio likely to outperform. That is especially true in this low bond rate environment. Those looking for steady income will find that in steadier supply in stocks like these than in the bond market…and certainly better than you will find at the bank for interest bearing accounts.

Without further ado, here are the 13 explosive high dividend stocks to check out now:

Symbol Name Div. Yield Mkt Cap POWR Rating
OXLC Oxford Lane Capital Corp. 16.01% 333.87M B
Buy
ORC Orchid Island Capital, Inc. Common Stock 15.21% 324.66M B
Buy
CMFN CM Finance Inc 13.46% 102.15M B
Buy
GARS Garrison Capital Inc. 13.29% 111.54M B
Buy
NLY Annaly Capital Management Inc Common Stock 13.26% 13.28B B
Buy
ECC Eagle Point Credit Company Inc. Common Stock 13.09% 435.81M A
Strong Buy
NYMT New York Mortgage Trust, Inc. 13.07% 1.30B A
Strong Buy
NRZ New Residential Investment Corp. Common Stock 13.05% 6.36B B
Buy
MITT AG Mortgage Investment Trust, Inc. Common Stock 12.74% 515.17M B
Buy
TCRD THL Credit, Inc. 12.69% 209.94M B
Buy
TWO Two Harbors Investment Corp 12.69% 3.44B B
Buy
WMC Western Asset Mortgage Capital Corporation Common Stock 12.65% 522.13M A
Strong Buy
OXSQ Oxford Square Capital Corp. – Closed End Fund 12.48% 307.35M B
Buy

To see the full list of top rated high yield stocks, regardless of POWR Rating, then click here.

Also here are links to 3 other popular destinations to make the best use of the POWR Ratings:

Full List of “A ”Rated Strong Buy Stocks–  See all the top rated stocks.

About the POWR Ratings– Learn what’s build inside the POWR Ratings that helps find stocks ready to outperform.

Reitmeister Total Return portfolio. This is where Steve Reitmeister employs his 40 years of investment experience to hand select the best POWR Ratings stocks.

 

About the Author

Steve Reitmeister is the CEO of the Stock News Network bringing 40 years of experience to help individual investors find outperformance. For the better part of the past two decades he was the Editor-in-Chief of Zacks.com where millions of investors enjoyed his timely market insights. His commentary has also been featured on other leading investment websites including Yahoo Finance, SeekingAlpha, CNNMoney and MarketWatch. Steve has an MBA from DePaul University and B.A. in Economics from the University of Wisconsin (Go Badgers!).


NLY shares . Year-to-date, NLY has declined -1.68%, versus a 20.67% rise in the benchmark S&P 500 index during the same period.


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