You’ll find that the stocks below are sporting some pretty nice dividends, but don’t just dive into one of the stocks listed below without doing first the necessary due diligence required. A lot of the dividend stocks in general, like the rest of the market, has been hit by the six straight weeks of declines the market has put in, and as a result, they provide much higher yields than they do, say, two months ago. So now could be one of the better times that you will have to start scaling into some of these plays, like those listed below.
On a side note, I would say this particular stock screen elicits a lot of controversy about the quality of the dividends, and whether they are dependable. I realize that not all of these companies are going to be able to keep the high dividend that they are paying out – I’m just trying to give you some ideas for you to help generate fixed incomes. I can tell you this though, stocks such as NLY are fairly good divi-plays and make for a great covered-call strategy.
So caution is urged on every one of the stocks listed below. Heck, every trade in general you make requires you to take caution. Oh, and if it trades below $4 or on a perpetual down-trend, I left it out of the screen results.
Here are the 13 Interesting Dividend Stocks.