With interest rates still hovering near multi-decade lows, many investors who need to generate income from their investments have been forced to put money to work in the stock market. However, with the S&P 500 currently offering up a paltry dividend yield of roughly 2%, investors looking for a higher cash return have been often been forced to invest in riskier stocks. In an effort to help those investors I've compiled a few stock ideas that also offers investors a high dividend yield.
In order to keep the focus on solid fundamentals, I decided to use the following selection criteria:
- Forward P/E under 15
- EPS growth for the next half decade over 5%
- 5 % Dividend Yield
- Debt-to-equity under 1
- Consecutive Dividend Growth Of More Than 5 Years
Here are the results...
