The stock market is high, which means yields are low. But don’t worry – we still have places to put new money for 7.5% payouts today with 20%+ upside to boot!
I count ten stocks and funds to be specific with these secure, elite payouts. And while their current yields may say “just” 7.5% on average, all ten are poised for 10%+ total returns in the years ahead.
How is this possible?
Remember, total returns are made up of dividends and price appreciation. The latter, price gains, are driven by some combination of:
- Dividend raises, and/or
- A discount window closing (or at least narrowing).