Kaexin
2022-09-27

12% to 15% dividends paying stocks

@kytphine5 High Dividend Stocks with Over 12% Yield Dividend investing has always been an attractive option for investors who are looking for passive income, retired individuals, and for traders who like to have a safety net when financial troubles arise. However, during 2020, when the COVID-19 pandemic hit and companies faced massive losses due to supply chain disruptions, low demand, and halted production, around 30% of the stocks from the MSCI World Index declared dividend cuts, and since the global financial crisis of 2008, this was the highest rate of dividend reductions. Consequently, dividend investing fell out of favor in the short-term. Heading into 2021, the International Monetary Fund projects the global economy to grow by 6.0%, a positive turnaround from last year’s 3.3% decline. President Joe Biden’s $2 trillion infrastructure plan also plays a significant part in the global recovery scenario, in addition to vaccine rollout, government stimulus packages, and consumer demand slowly reaching the pre-pandemic 2019 level. A strong cyclical economic recovery in 2021 and 2022 is expected to boost company earnings in general. Many of the companies that had to make dividend cuts during the pandemic are likely to reinstate dividend payouts as economic conditions improve. Dividend payments in Q2 2021 gained 26% from the prior-year quarter, equaling $471.7 billion, which was just 6.8% below Q2 2019. Dividend payout is expected to hit $1.39 trillion in 2021, suggesting a stronger than expected recovery. Despite the short-term underperformance of dividend paying stocks, dividend companies are good bets for the longer term, since they have stable performance and the management is more disciplined and usually steers a prudent course of action and corporate strategy. High dividend yields are an attractive factor, and dividend investing will remain a popular investment philosophy, especially since there is an aging demographic in most of the developed countries that turns towards the equity market for income after retirement. Some of the notable high dividend stocks include Exxon Mobil Corporation (NYSE:XOM), AbbVie Inc. (NYSE:ABBV), and Vale S.A. (NYSE:VALE), among others discussed in detail below. Our Methodology We screened for stocks that offer a high dividend yield of more than 12%, and selected 10 stocks that have long-term growth catalysts, strong fundamentals, and mostly positive analyst ratings. The stocks have been ranked in the ascending order according to their dividend yields. High Dividend Stocks with Over 12% Yield 10. Gilat Satellite Networks Ltd. (NASDAQ:GILT) Dividend Yield: 12.84% Number of Hedge Fund Holders: 10 Gilat Satellite Networks Ltd. (NASDAQ:GILT) is a major global provider of satellite-based communication equipment from Israel. Gilat Satellite Networks Ltd. (NASDAQ:GILT) announced on November 30 that it had signed a contract worth over $5 million for solid state amplifiers with a Tier-1 US global military terminal provider. This will enable satellite communication for militaries around the world. Africa Mobile Networks, on November 15, deployed Gilat Satellite Networks Ltd. (NASDAQ:GILT)’s services of cellular backhaul terminals to serve multiple Tier-1 Telcos in Africa. Similarly, in October, the company disclosed that a Tier-1 mobile operator in Asia expanded its 4G network with Gilat Satellite Networks Ltd. (NASDAQ:GILT)’s cellular backhaul solution. 9. Icahn Enterprises L.P. (NASDAQ:IEP) Dividend Yield: 15.97% Number of Hedge Fund Holders: 4 Icahn Enterprises L.P. (NASDAQ:IEP) is an American conglomerate company from Florida, founded and primarily controlled by the legendary American activist investor, Carl Icahn. Icahn Enterprises L.P. (NASDAQ:IEP) invests mainly in the energy, automotive, food packaging, metals, real estate, and home fashion sectors. Carl Icahn proposed a tender offer of $75 per share in cash for Southwest Gas Holdings, Inc. (NYSE:SWX) on October 14, via a wholly owned subsidiary of Icahn Enterprises L.P. (NASDAQ:IEP), stating that the company has poor management. Icahn Enterprises L.P. (NASDAQ:IEP) assured that upon acquisition, all stockholders of Southwest Gas Holdings, Inc. (NYSE:SWX) would have the option for immediate liquidity at a premium for those stockholders that choose to tender their shares of common stock into the offer. Similarly, stakeholders who would like to hold their shares for the long-term, would also be facilitated by Icahn Enterprises L.P. (NASDAQ:IEP). 8. Orchid Island Capital, Inc. (NYSE:ORC) Dividend Yield: 17.14% Number of Hedge Fund Holders: 10 Orchid Island Capital, Inc. (NYSE:ORC) operates in the financial sector, actively investing in residential mortgage-backed securities on a leveraged basis. To be qualified as a real estate investment trust rather than an investment company under the US tax laws, Orchid Island Capital, Inc. (NYSE:ORC) distributes 90% of the REIT taxable income to stakeholders on a monthly basis. Orchid Island Capital, Inc. (NYSE:ORC) has consistently been paying dividends since 2013, making it one of the best high dividend stocks with a forward yield of 17.14%. 7. Sculptor Capital Management, Inc. (NYSE:SCU) Dividend Yield: 17.39% Number of Hedge Fund Holders: 15 Sculptor Capital Management, Inc. (NYSE:SCU), one of the largest diversified global investment asset managers, posted its Q3 earnings on November 3. The reported earnings per share of $0.58 beat estimates by $0.06. Revenue for the quarter equaled $100.49 million, outperforming estimates by $5 million. Sculptor Capital Management, Inc. (NYSE:SCU) serves global institutional clients including corporate pension funds, foundations and endowment funds, fund of funds, high net worth family offices, public pension funds, and sovereign wealth funds. 6. Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) Dividend Yield: 17.72% Number of Hedge Fund Holders: 23 Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) is a state-owned multinational Brazilian petroleum corporation that made it to our list of high dividend stocks, with a forward yield of 17.72%, offering dividend payouts since 1994. Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) fulfills the energy and petroleum requirements of the automotive, domestic, industrial, aviation, and maritime industries. source: https://finance.yahoo.com/news/10-high-dividend-stocks-over-160106878.html
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