8 Elite Income Stocks with 8%+ Dividend Yield

NYSE: SHLX | Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests News, Ratings, and Charts

SHLX – SHLX and ABR lead the parade of stocks enjoying hefty dividend yields + ample momentum. Discover what else is so special about these 8 stocks below.

Get Free Updates

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

The past two months I have been turning up the dial on more growth, momentum and Risk On stocks. The kind of stocks found in recent articles like:

Top 25 Breakout Momentum Stocks

11 Exciting Value Stocks to Start November

6 Sizzling Growth Stocks

This more aggressive investing strategy has certainly paid the bills. However, now I sense we are running to a near term top of 3,100 where it’s time to turn back to the safety of high dividend yields for outperformance. Shell Midstream (SHLX - Get Rating) is the perfect example.

What first pops off the screen is the 8.7% dividend yield for SHLX. But as we pull back the curtain we actually discover that this dividend yield has increased by an average of 49.4% per year over the past 5 years. This gives GREAT confidence that Shell Midstream will continue to provide a stable stream of income into the future that should also lead to price appreciation.

My research today brought up 8 elite income stocks in total. And at the other end of this stock table from SHLX is Arbor Realty Trust (ABR). Their 8.1% dividend yield is eye opening for sure. So is ABR’s average dividend increase of 19% a year.

Arbor is also an impressive momentum stock. Not only has it gained 13% in the past month, but ABR is also up 57% year to date and 240% the past 5 years. No wonder ABR scores both a Trade Grade of A and Buy and Hold Grade of A according to the POWR Rating model.

Let me take a step back for a second and share the specifics of this stock search so you appreciate the full attractiveness of these top end income payers:

1978 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.

82 of those stocks have 8% dividend yield or higher. So this single criteria quickly got rid of 95% of the potential candidates.

22 of those stocks have grown dividend payments by greater than 5% per year for the past 5 years. And from there I whittled it down to the 8 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 8 below.

Company Ticker Market Cap ($mil) Price Div Yield % Div 5yr Growth %
Shell Midstream SHLX $4,773 $20.46 8.7 49.4
Global Net Lease GNL $1,620 $19.32 11.0 28.9
Great Ajax Corp AJX $309 $15.70 8.2 23.1
Newtek Bus Svcs NEWT $431 $22.48 10.3 22.5
USD Partners USDP $269 $9.99 14.7 22.3
Landmark Infrastructure LMRK $451 $17.80 8.3 20.7
Saratoga Investment SAR $254 $26.09 8.6 19.9
Arbor Realty Trust ABR $1,400 $14.32 8.1 19.3

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


SHLX shares were trading at $20.54 per share on Wednesday afternoon, up $0.08 (+0.39%). Year-to-date, SHLX has gained 36.03%, versus a 24.59% 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
SHLXGet RatingGet RatingGet Rating
ABRGet RatingGet RatingGet Rating
GNLGet RatingGet RatingGet Rating
NEWTGet RatingGet RatingGet Rating
USDPGet 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

NASDAQ: VOD | Vodafone Group Plc each representing ten Ordinary Shares News, Ratings, and Charts

10 Perfect Stocks for November

Are GM and VOD perfect stocks? Well they do provide the right amount of growth, value, income and momentum that should keep them moving higher. Discover why and the full list of 10 perfect stocks below.
NYSE: SPY | SPDR S&P 500 News, Ratings, and Charts

5 Simple Steps to a Winning Portfolio

A poorly constructed portfolio will end up underperforming the market. You'd just be better investing in SPY and calling it a day. If you want to do better than that, then read on...
NASDAQ: GWPH | GW Pharmaceuticals Plc News, Ratings, and Charts

Why Investors Should Remain Bullish On GW Pharmaceuticals (GWPH)

GW Pharmaceuticals (GWPH) reported third-quarter earnings after the close of trade on Tuesday.
NYSE: ORCL | Oracle Corporation  News, Ratings, and Charts

Why Oracle Is 'The Sleeping Giant' of the Cloud

Today’s featured article talks about “the sleeping giant” of the cloud. Continue reading for more details on the company, and how it could impact the tech space.
: .INX | S&P 500 Index News, Ratings, and Charts

3100 Probably the End of the Line for Stocks

The S&P 500 is racing towards 3,100 thanks to news of tariffs being lowered in the trade war with China. However that level is looking like a pretty stiff point of resistance. Let's discuss the outlook for stocks and our trading strategy.

Read More Stories

More Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests (SHLX) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All SHLX News
Page generated in 1.5322 seconds.Array ( [0] => SHLX [1] => ABR [2] => GNL [3] => NEWT [4] => USDP )