Have you held any of these 20 stocks long term? Your current dividend yield might surprise you

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If you had bought shares of Morgan Stanley five years ago, your stock would have nearly tripled. This data shows examples of companies with dividend yields that may have seemed modest five years ago, but now provide high levels of income to investors:

Income-seeking investors love dividend stocks, many of which have attractive yields when compared to bond yields. They might like them even more when they realize how payouts over time have beefed up their portfolios.

The Best Buy example To illustrate this, imagine you purchased shares of Best Buy Co. BBY, -1.71% five years ago and you decided not to reinvest your dividends. You paid $33.48 a share for Best Buy on April 27, 2016. At that time, the company was paying a quarterly dividend of 23 cents a share for a yield of 2.75%.

Highest dividend yields on shares bought five years ago If we begin with the S&P 500 SPX, -0.72% and eliminate any company that doesn’t pay a dividend now, didn’t pay one five years ago or wasn’t part of the index five years ago, we are left with 356 companies. If we limit the list to companies whose share prices have at least doubled over the past five years, we are down to 139.

So that is the second-right-most column on the table, “Dividend yield on shares held for five years.” There is a lot of data here, so you will have to scroll the table to see it all:Technology stocks Notable examples include Lam Research Corp. LRCX, -3.20%, which makes equipment used in semiconductor manufacturing. The stock has risen nearly eightfold over the past five years. And if you had held the stock for five years, the current dividend would make for a yield of 6.

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If you would have bought Doge 5 weeks ago you would have made more than Morgan Stanley would pay in dividends in a lifetime

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