The partial deal with China is only partially satisfying to investors. That’s why stocks gave back nearly half their gains in the final hour of trading Friday…and why Monday morning has been spent mostly in the red.
This is not necessarily a reason to run away from stocks. It just puts us in a state of limbo a while longer as the two economic super powers work out the kinks on Phase 1 of the deal. Then hopefully moving on to Phase 2 and 3 and so on.
Another word for limbo is a trading range where stocks kind of float higher and lower on a daily basis with very little net change in their price over time. This is not a great environment for aggressive or risky stocks. But it is usually fertile soil to grab up the best looking income stocks as the more likely path to investment gains.
With that in mind I present to you the list of the Top 20 high yield dividend stocks headlined by New Residential Investment Corp (NRZ) with a stunning 12.99% dividend yield.
That is not the only attractive stock you will find represented here. Beyond having impressive dividend yields between 11.08% and 15.58%, these stocks are also scoring well on the POWR Ratings system leading to them earning scores of A (Strong Buy) and B (Buy).
Be sure to click on the ticker links for each of these stocks to learn more about the full picture of their attractiveness. That’s because the POWR Rating is actually a composite of 4 underlying scores including: Buy and Hold Grade, Trade Grade, Industry Rank, Peer Grade. So it makes sense to dig in to appreciate the entirety of the rating for the stock to find those that are truly most attractive.
Want more great stock picks? Then check out these additional resources:
High Yield Dividend Stock Screener
Reitmeister Total Return portfolio
NRZ shares were trading at $15.28 per share on Monday morning, down $0.12 (-0.78%). Year-to-date, NRZ has gained 18.19%, versus a 20.27% 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
Ticker | POWR Rating | Industry Rank | Rank in Industry |
NRZ | Get Rating | Get Rating | Get Rating |
Get Rating | Get Rating | Get Rating | |
GNL | Get Rating | Get Rating | Get Rating |
IVR | Get Rating | Get Rating | Get Rating |
PSEC | Get Rating | Get Rating | Get Rating |