My solution is to scout for lower yielding stocks with
hope that the next dividend hike could lift the current yield above the 3 percent
level. But it’s more work to predict
dividends and your risk increases when you have missed some details.
I always have a big picture of stocks that go
ex-dividend in the near future in order to get quick cash back from my
investments. Sure it’s not a trading strategy because after the ex-dividend
date, the stock is also traded lower in the amount of the dividend but it is a great information tool.
However, I screen every month some interesting high
yielding stocks with ex-dividend date within the next month. As result, I found
41 stocks with an average dividend yield of 4.98 percent. Three stocks have a
double-digit yield and ten a high yield. 18 stocks from the results have a buy
or better recommendation.