Dividend investing has become very popular in today’s world. It often takes place when investors choose stocks to gain the promised dividends from the companies underlying the stocks. Investors start dividend investing because it allows them a source of income even at the time when the stock market is struggling. It is one of the best ways to earn income for retirement and also investors can protect themselves against the volatility. If the value of the underlying stock drops dividends will still be paid.
The stocks which show a higher yield tend to offer greater returns over time than lower or no-yield stocks. Here I am sharing the top 10 high dividend yield stocks:
TAL Education Group (NYSE: XRS) –
Tal Education Group is operating as a training institution in china. It provides training for primary school mathematical Olympiad, English language, Chinese language, middle and high school Mathematics, Physic, Chemistry and one-to-one personal training.
It has a market capitalization of 706.61 Million, EPS is 0.44, P/E ratio is 20.85 and the dividend yield is 21.93% at the annual dividend payout of 0.50.
Box Ships (NYSE: TEU) –
Box ships Inc. is an international shopping company. It was formed by Paragon Shipping Inc., which is a global provider of shipping transportation services. The company is engaged in the seaborne transportation of containers worldwide.
Its market capitalization is 74.94 Million, EPS is 0.76, P/E ratio is 6.07 and the dividend yield is 19.17 at the annual dividend payout of 0.22.
Sandridge Mississippian Trust I (NYSE: SDT) –
SandRidge Mississippian Trust I is a statutory trust. It was created to acquire and hold Royalty Interests for the benefit of Trust unit holders. The trust has a market capitalization of 383.32 Million, EPS is 2.99, P/E ratio is 4.58 and the dividend yield is 19.01% at the annual dividend payout of 0.65.
Northern Tier Energy (NYSE: NTI) –
Northern Tier Energy is an independent downstream energy company. It has the refining, retail and pipeline operations that serves PADD II region of the United States. Northern Tier Energy LP operates in two business segments: the refining business and the retail business.
It has a market capitalization of 2.98 Billion, EPS is 0.73, P/E ratio is 36.90 and the dividend yield is 18.81% at the annual dividend payout of 1.27.
Portugal Telecom (NYSE: PT) –
This is a holding and largest telecommunication service providing company based in Portugal. It provides a wide range of telecommunications and multimedia services, such as fixed line and mobile telecommunication, pay television distribution, internet service provider services and data transmission.
The company has a market capitalization of 4.48 billion, EPS is 0.32, P/E ratio is 16.51 and the dividend yield is currently 15.57% at the annual dividend payout of 0.54.
AG Mortgage Investment Trust (NYSE: MITT) –
This is a real estate investment trust that is focusing on investing in acquiring and managing a diversified portfolio of residential assets, other real estate-related securities and financial assets, which it refers to as its target assets.
It has a market capitalization of 690.60 Million, EPS is 7.34, P/E ratio is 3.42 and the dividend yield is currently 12.72% at the annual dividend payout of 0.80.
Apollo Residential Mortgage (NYSE: AMTG) –
Apollo Residential Mortgage Inc. is a real estate investment trust that invests in finances. The company manages residential mortgage-backed securities, residential mortgage loans and other residential mortgage assets throughout the United States.
It has a market capitalization of 538.13 Million, EPS is 8.18, P/E ratio is 2.72 and the dividend yield is 12.60% at the annual dividend payout of 0.70.
Ellington Financial (NYSE: EFC) –
This is a financial company which specializes in acquiring and managing mortgage-related assets and other types of financial assets such as residential whole mortgage loans, asset-backed securities, backed by consumer and commercial assets, non-mortgage-related derivatives and real property.
It has a market capitalization of 508.87 Million, EPS is 5.44, P/E ratio is 4.59 and the dividend yield is 12.35% at the annual dividend payout of 0.77.
Resource Capital (NYSE: RSO) –
Resource Capital Corporation is also a financial company. It focuses primarily on commercial real estate and commercial finance. Its operations are conducted as a real estate investment trust. The company has a market capitalization of 705.47 Million, EPS is 0.77, P/E ratio is 8.46 and the current dividend yield is 12.25% at the annual dividend payout of 0.20.
CYS Investments (NYSE: CYS) –
CYS Investments, Inc. is financial company that was created with the objectives of achieving consistent risk-adjusted investment income. The company’s investment guidelines permit investments in collateralized mortgage obligations that are issued by a government agency or government entity.
It has a market capitalization of 2.12 Billion, EPS is 2.75, P/E ratio is 4.41 and the dividend yield is 10.57% at the annual dividend payout of 0.32.
These are the top ten high dividend yield stocks which can be a helpful in making a dividend portfolio more attractive. You need to search carefully and should focus on all the points while selecting these stocks.