High Yield Dividend Stocks

Investors may consider screening for stocks with a high dividend yield for several reasons. First, a high dividend yield can provide investors with a steady stream of passive income. This can be especially attractive for income-oriented investors seeking to generate regular cash flows from their investments. Second, stocks with high dividend yields may be indicative of a financially stable and mature company that generates consistent profits. This can be a sign of a company that has the potential to provide steady, long-term growth. However, it is important to note that a high dividend yield may also be a sign of underlying issues in the company, such as a declining business model or excessive payout ratios. Investors should consider other fundamental and technical analysis, such as the company's earnings growth rate and dividend payout history, before making investment decisions based solely on a high dividend yield. Additionally, investors should consider their risk tolerance and overall investment objectives before investing in high dividend yield stocks.

Screen DetailsBacktest this Screen Using Research Wizard