Markets have become a volatile mess.
But there’s one thing that hasn’t changed.
Some of the market’s best opportunities can still be found in high-yielding stocks.
According to US News & World Report, “Thus far in 2022, Wall Street has decidedly shifted from preferring growth stocks to value stocks – a category that’s lived in growth’s shadow for much of the past decade. Rapidly rising interest rates are a major factor behind this recent shift, with some economists expecting as many as seven interest rate hikes this year.”
That being said, here are three top high-yielding stocks to keep an eye on.
Medical Properties (MPW)
At $15.72, MPW carries a current yield of 7.38%. The stock has also become brutally oversold after falling from $21.50 a share. Also, over the last year, the company’s EPS jumped 100%.
According to Simply Wall St., “It’s quite possible that growth expectations may have been unreasonable in the past. The divergence between the EPS and the share price is quite notable, during the year. So, it’s well worth checking out some other metrics, too. Medical Properties Trust’s dividend seems healthy to us, so we doubt that the yield is a concern for the market. The revenue trend doesn’t seem to explain why the share price is down.”
NextEra Energy (NEE)
Some of the most stable investments can be found in utility stocks. After all, demand for utility services will always remain intact, even in the worst of times.
Look at NextEra Energy, for example. The company provides a basic need service –electricity. Plus, since demand for electricity doesn’t change a lot from one year to the next, the company is insulated. Two, the company has generated a positive total for investors in 19 of the last 20 years. Three, the company carries a dividend yield of 2.26%.
Also, in May, the company announced a regular quarterly common stock dividend of $0.425 per share. The dividend is payable on June 15, 2022, to shareholders of record on May 31, 2022.
Verizon (VZ)
At $50.80 a share, Verizon currently carries a yield of 5.04%.
Also, as noted by Insider Monkey, “One of the most notable stocks when it comes to market uncertainty, the company maintains a 14-year track record of consistent dividend growth. As of June 24, the stock’s dividend yield came to be recorded at 5.02%.”