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Top 10 High-Yield Dividend Stocks to Supercharge Your Portfolio! 🤑

Top 10 High-Yield Dividend Stocks to Supercharge Your Portfolio! 🤑

High Yielders You Can't Miss!

Investing4Tomorrow Kaye
April 02, 2023

Dividends are very important when you are trying to achieve financial independence as it provides a steady course of “passive income” on your investment.

At a time when interest rates are climbing, markets are volatile, growth stocks have plummeted and recession is on the horizon (if not already here 😉), dividend stocks have become increasingly attractive to investors seeking income-generating investments.

Morningstar, which is a very renowned research firm in the asset management space; came out with the Top 10 High Yield Dividend Stocks which many professional fund managers own in their portfolio as of end of Q1’2023.

In this video, I discuss the top 10 stocks from Morningstar, their stock selection methodology, review each stock's dividend grade, which is based on its dividend payout ratio, dividend growth rate, and other factors. Furthermore, we'll go over WallStreet's buy/sell rating for each stock, which takes into account its current market price, and provide insights into the price target for each stock. This will help you make informed decisions about when to buy or sell each stock.

Without further delay, here are the Top 10 High Yield Dividend Stocks:

You can read the full Morningstar article here.

Public Portfolio 📈

Buys (at the time of publication): $56.60

5 Ford stocks at $11.32

Sell (at the time of publication):

No sell

Dividends (at the time of publication): $33.74

$16 from Ford on March 1, 2023
$3.18 from XLE on March 23, 2023
$1.98 from XLF on March 23, 2023
$13.28 from Vale on March 29, 2023

Options (at the time of publication):

No open position

Public Portfolio Spreadsheet can be found here