"We screened our 24/7 Wall St. high-yield dividend stock research database, looking for companies trading below the $20 level that offer investors enormous total return potential. While more suited for growth and income investors with somewhat higher risk tolerance, all four of these stocks look like solid ideas as we head into the fall. All are rated Buy at top Wall Street firms."
"Investors love dividend stocks, especially the high-yield variety, because they offer a significant income stream and have massive total return potential. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or a portfolio consists of income and stock appreciation. Boomers looking for dependable income and some growth to fight inflation can count on four great companies trading below $20 per share."
High-yield dividend stocks combine significant income with total return potential from dividends and capital appreciation. Total return includes interest, capital gains, dividends, and distributions realized over time. An example: a $20 stock paying a 3% dividend that rises to $22 yields 13% total return—10% price gain plus 3% dividends. The market has rallied almost 30% since April lows and shows signs of being overbought. Safe stocks under $20 can suit Boomers seeking income and inflation protection. If the Federal Reserve cuts rates in September, high-yield dividend stocks could benefit. Four companies under $20 are rated Buy by top firms.
Read at 24/7 Wall St.
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