When looking for dividend stocks, high dividend yields are one important factor to consider. Even if a company’s dividend yield isn’t nearing double-digit percentages, finding stocks with yields at least higher than those of the market is a nice consolation. At the same time, looking for growth in the company’s dividends per share (DPS) is also extremely relevant. This shows that a company is attempting to return more capital to shareholders over time, leading to more income as the life of an investment increases.
The three stocks below all have two things in common. First, they all have indicated dividend yields above the 1.2% yield of the S&P 500 Index. An indicated yield assumes that the company will maintain a stable quarterly payment for each of the next four quarters.
