I’ve compiled a list of ten stocks with a dividend yield higher than 4%. Some or all of which you might want to buy. Buying and holding stocks with a high dividend yield can be a smart way to build your wealth. Keep in mind the higher the yield, the higher the risk. It’s common to see more price fluctuations in stocks that pay big dividends.
Dividend Yield 5.04%
GlaxoSmithKline is a pharmaceutical company that operates through four sections: Pharmaceuticals, Research & Development, Vaccines, and Consumer Healthcare. Some of its popular name brand items are Sensodyne, Poligrip, Theraflu, Flonase, Nicorette and much more. Its headquarters is in Brentford, U.K.
CenturyLink Inc. (CTL)
Dividend Yield 9.35%
CenturyLink Inc. is a communication and internet provider. Its services are used by businesses, residential areas and government buildings within the United States. CenturyLink provides services for satellite television, ethernet, voice services, cloud, information technology, hosting and the building of fiber-optic. They provide broadband service to over 4.8 million subscribers. The company started back in 1968 and its main headquarters is located in Monroe, Louisiana. They are currently trading at a steep discount; thus, the very high dividend yield.
Invesco Ltd. (IVZ)
Dividend Yield 6.08%
Invesco Ltd. is an independent investment management firm that manages more than $975.2 billion dollars in assets. With over 7,000 employees working in more than 25 different countries, the investment firm is quite large. They deal with an extensive collection of different investment products and services. This includes insurance funds, trusts, mutual funds, ETF’s account management and much more. The company was founded back in 1935. It has offices located in Atlanta, Georgia as well as Hamilton, Bermuda.
Newell Brands (NWL)
Dividend Yield 6.86%
Due to their poor earnings trend and trade war fears, this stock has been hammered over the past year. However, at this price, it may be a tempting buy. The company
Western Digital Corporation (WDC)
Dividend Yield 5.07%
Western Digital Corporation is a tech company that specializes in data storage. It manufactures, develops and sells data storage. It’s made a big name for itself in the industry and has a nice portfolio of technologies, business solutions and storage devices. It owns the brands WD, SanDisk, G-Technology, and Upthere. WD is its main hard drive and storage solution. You may have heard of SanDisk flash drives and other electronics. G-Technology is its “higher end” hard drive solution and Upthere is a cloud storage service. This company doesn’t get mentioned too much, but it should belong on more lists of high yield dividend stocks.
Altria Group Inc. (MO)
Dividend Yield 6.37%
Altria Group Inc. is a tobacco company that manufactures and sells smokeless tobacco, cigarettes, cigars, and even wine. Its focus is in the U.S. and primarily sales to large wholesalers, distributors and chain stores. Some of its products include Skoal, Marlboro, Black & Mild, Copenhagen and Columbia Crest. It has recently purchased a stake in a marijuana company called Cronos Group (Cron). Smoking is a bad habit, and a known health hazard however, many Americans still choose to smoke and this company is adapting to its changing clientele.
KraftHeinz Corporation (KHC)
Dividend Yield 5.84%
Kraft Heinz has not been performing well at the time of this writing. However, due to its high yield and the fact that Warren Buffet’s conglomerate Berkshire Hathaway owns a 27% stake makes it worth mentioning. The company manufactures and markets food and beverage products within the United States and internationally. Some of its popular products include Kraft Mac and Cheese, Heinz Ketchup, Oscar Mayer, Lunchables, Maxwell House, Kool-Aid, Jell-O, Capri Sun and much more. It’s nearly impossible to find a grocery store that doesn’t sell at least one of its products.
AbbVie Inc. (ABBV)
Dividend Yield 5.51%
AbbVie Inc. is an innovative pharmaceutical company that develops, manufactures and sells its pharmaceutical products worldwide. It offers treatments for a large number of diseases and ailments. Some of its main medicines are: Imbruvica designed to treat leukemia, Viekra Pak is a treatment for Hepatit
Compass Minerals International Inc. (CMP)
Dividend Yield 5.59%
Compass Minerals International Inc. is a mineral and chemical company of course! We’re talking animal nutrition, plant nutrition, agricultural products, salt for melting ice on roadways, wastewater treatment chemicals, fertilizers for golf courses and well you get the picture. Someone has got to make this stuff and Compass Minerals does a hell of a job. It’s been in business since 1993 and doesn’t seem to be going anywhere soon.
Iron Mountain Inc. (IRM)
Dividend Yield 7.94%
Iron Mountain is a unique company that provides some serious value across the globe. It specializes in securing and protecting many assets including critical business information, artifacts, highly sensitive data, and fine art. They also deal
I wrote this article myself and the views expressed are of my own opinion. This article should not be considered financial advice. I have no relationship with any company whose stock is mentioned in this article. This list of high yield dividend stocks was created on 5/30/2019 the yield percentages and other information