On the whole, dividend stocks have performed well and had a great run in the first half of 2017. However, there are many stocks that still haven’t made the cut and are attractive with high yields and have value. This article lists the 10 best dividend stocks 2017 with dividend yields of more than 4% which you could still invest in for the remaining half of the year:
General Motors (GM, Dividend yield: 4.4%)
There are headlines screaming every day that car ownership is going to be obsolete, what with ride-sharing services like Uber and ultimately, “driverless taxis”. Looming crash in auto sales is also being predicted every day. While it could happen eventually, it will take at least 20 years to play out. Meanwhile, GM isn’t twiddling its thumbs – the auto giant is going head-to-head with Alphabet Inc., Tesla Motors and every other car manufacturer in being the pioneer in the market with a feasible driverless car. GM stock is cheap, currently trading at 6x of expected 2017 earnings and still earning a 4.4% dividend yield. What’s more, GM is paying ¼th of its earnings as dividends. So, even if things go south, GM has breathing space – what’s more, its paying you to wait.
Omega Healthcare Investors (OHI, Dividend Yield: 7.4%)
Obamacare is hanging like a sword over the US healthcare industry – no one knows if it’s going to be replaced and if it does, then with what. Irrespective of that, the bigger problem is that health insurance premiums have skyrocketed enormously, becoming unaffordable. So, investing in biotech/health is out of the question. However, senior living real estate and medical is something that is poised to work out well in the coming years. Which is why a senior living real estate investment trust/landlord Omega Healthcare could work out well for investors. The company recently raised its dividend payouts for 19 successive quarters and has a gargantuan dividend yield of 7.4% at its current prices. Go figure.
Vereit (VER, Dividend Yield: 6.7%)
Amazon’s unstoppable rise to stardom has meant the almost-death of brick-and-mortar retail stores. However, there are plenty of “areas” and sectors of the retail economy that are still healthy and invest-worthy. One such example is the triple-net real estate investment trust (REIT) of Vereit, which has solid exposure. Due to a scandal that rocked its predecessor firm’s accounts restatement a while ago, Vereit is one of the cheapest, most affordable REITs in the retail space business. The company now has a portfolio with excellent quality and diversity, featuring deep-discount stores, pharmacies, restaurants, and many others. The company’s dividend payout is a very attractive 6.7% and it is expected that Vereit could double one’s investments in the next 3-4 years. This is what makes it one of the best dividend stocks 2017 buys.
Energy Transfer Equity (ETE, Dividend Yield: 6.9%)
Wild is how one would describe Energy Transfer Equity’s ride in the last couple of years. First, the stock plummeted and collapsed in 2015-16. Secondly, it lost nearly 90% of its value majorly due to an ill-timed planned merger with Williams Co. and plunging crude oil prices. However, in 2016-17, the stock skyrocketed from a price of $4 per share to $20 per share, a rise of 400%. This is one of the best times to invest in this stock which currently has an attractive 6.9% dividend yield. While this stock is volatile it still is one of the best dividend stocks 2017 buys to earn handsomely in the energy sector in the next 10 years.
Blackstone Group (BX, Dividend Yield: 10.6%)
Private equity manager Blackstone is the only one on this list of best dividend stocks 2017 list that has had a great 2017 so far, having increased by almost 22%. Having been underpriced for years, Blackstone faced numerous challenges – erratic cash flows, earnings disproportionate to fees, etc. However, this quirky company has proved itself – it currently has a dividend yield of a whopping 10.6% after undergoing an enormous distribution hike last quarter. It is expected to do even better in the coming half of 2017.
Northstar Realty Europe (NRE, Dividend Yield: 4.7%)
Most people would want their investment incomes in the same currency as their life expenses, which is why we’re speaking about American stocks. However, one shouldn’t be ignoring international markets, as they can have stocks absolutely thrash the returns given by U.S. stock markets. This brings us to the real estate investment trust (REIT) of Northstar Realty Europe Corp. which specializes in high-end office properties across all the main, most important business centers and cities in Europe. with the 2008metldown, the Greek crisis, the refugee crisis, Brexit, etc., the European assets are priced way lesser than their American counterparts. Also, the Euro is finally rising in value again. So, if one invests in Northstar, they will also benefit from favorable currency movement. If that wasn’t enough, the stock gives a handsome 4.7% dividend yield.