8%+ Yielding dividend stocks that don’t suck

8%+ Yielding dividend stocks that don’t suck: When it comes to investing, many people are looking for dividend stocks that provide a reliable source of income. However, not all dividend stocks are created equal. Some companies may offer high yields but have questionable financials or poor track records, while others may be more stable but offer lower yields. In this blog post, we will be looking at 8%+ yielding dividend stocks that don’t suck, and how you can find them.

8%+ Yielding dividend stocks that don’t suck

Dividend stocks that don’t suck

Firstly, let’s define what we mean by “dividend stocks that don’t suck”. These are companies that have a track record of consistent and reliable dividend payments, with strong financials and a solid business model. Additionally, these companies have a current dividend yield of 8% or higher, providing investors with a substantial source of income.

Use a stock screener

One way to find these stocks is to use a stock screener that allows you to filter by dividend yield, such as Yahoo Finance or Google Finance. From there, you can further analyze the financials and performance of the companies that meet your criteria.

Red flag

However, it’s important to note that a high dividend yield can sometimes be a red flag. A company may be offering a high yield to attract investors, but if their financials are not strong enough to support those payments, the dividend may not be sustainable in the long term.

Therefore, it’s important to also look at other factors such as the company’s earnings, debt levels, and cash flow.

With that in mind, here are five 8%+ yielding dividend stocks that don’t suck:

Realty Income Corporation (O)

This real estate investment trust (REIT) has a diversified portfolio of properties and a track record of consistent dividend payments for over 50 years. With a current yield of over 4%, it’s a reliable source of income for investors.

AT&T Inc. (T)

This telecommunications company has a current yield of over 8% and a long history of dividend payments. While the company has faced some challenges in recent years, it still has a strong market position and a solid balance sheet.

Altria Group, Inc. (MO)

While some investors may shy away from tobacco stocks, Altria has a current yield of over 9% and a history of raising its dividend annually. The company also has a diversified portfolio that includes other consumer products such as wine and smokeless tobacco.

Enterprise Products Partners L.P. (EPD)

This energy company operates pipelines, storage terminals, and other midstream assets. With a current yield of over 9%, it’s a reliable source of income for investors looking for exposure to the energy sector.

AbbVie Inc. (ABBV)

This pharmaceutical company has a current yield of over 4% and a history of consistent dividend payments. The company’s pipeline of drugs is also promising, with several potential blockbuster drugs in development.

Before making any investment decisions

While these stocks may provide a good source of income, it’s important to remember that investing always carries some level of risk. Therefore, it’s important to do your own research and consider your own risk tolerance before making any investment decisions.

Conclusion

In conclusion, there are plenty of 8%+ yielding dividend stocks that don’t suck, but finding them requires some research and analysis. By using a stock screener and looking at other factors such as financials and track record, you can find reliable sources of income for your investment portfolio. As always, it’s important to do your own due diligence and consider your own investment goals and risk tolerance.

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