High Dividend Yielding Stocks

I am current looking for high dividend yielding investments (stocks, bonds or mutual funds) to supplement my current income during the pre-retirement years. My current research has provided the following stocks: HYF, PHY, VLCCF, DUR and NAT. I am willing to share any and all research information.

Successfully investing :slight_smile:
Steve

any particular industies? PFE and BLS both yeild around 4-5% right now, and you can get yeilds approaching 10% in both the financial and the energy industries. Check out ALD CEI FGP and APU.

and of course it goes without saying that “Past perfomance is no indication of future returns”. You never know when they might cut the rate.

My goal is a portfolio of investments with a yield of 12+% or about $10 per/month for each $1,000 invested. I know that higher yields are an indication of higher risk :smack: , but a $50,000 investment for a $500 monthly income is reasonable.

Wow - 12%!

On this side of the pond, safe investments are more like 2-4%. Surely you can’t expect such high returns consistently e.g. if there is a Middle East oil crisis.

Oh I’m not sure I completely agree with this…I’ve had Pfizer for more than 2 decades, it’s split, several times - most recently when they acquired Warner Lambert. My Microsoft, Cisco, Johnson & Johnson, Bayer have all been reliabale highend stocks. Then again I always stick with the heavy hitter’s and never go with the longshots. After the hit we all took last year (lost nearly 500K :frowning: I will only ever go with the solid boys out there. For instance, I will would never buy Google, but I will certainly buy more Intel…Stomes - 12% is pretty high goal for a pre-retirement next egg builder…why not go with the more solid less risky buys?

:smack: I didn’t finish my first sentence…in my post! That’s what I get for posting whilst doing several other things…

It should read: Oh I’m not sure I completely agree with this…I’ve had Pfizer for more than 2 decades, it’s split, several times - most recently when they acquired Warner Lambert - I find the heavy hitters and more reliable buys are better for me…

HYF and PHY aren’t companies. They are closed-end junk bond funds, hence the high yield. That’s not to say they are BAD, but they are a different sort of investment than stock in a regular company, and should be considered differently.

Lots of things besides normal corporate stocks trade on the major exchanges - closed-end funds, ETFs, royalty trusts, limited partnerships, REITs … comparing these things to shares in corporations like JNJ is comparing apples and oranges. If you just scan for symbols with high yields attached, a lot of these things is what you are probably going to come up with. Different considerations apply in evaluating these different sorts of entities.

ALD is a “regulated investment company” (RIC).

CEI is a REIT.

FGP and APU appear to be limited partnerships.

I have always liked CUZ

Just beCUZ :slight_smile:

How high a dividend are you looking for? I ask because the highest-paying stock I own, Boeing, pays something like a quarter a share. That’s not exactly a large amount when I hold all of about three shares.