Goldman Sachs’ 40 Top High Yield Dividend Stocks For The Coronavirus Economy

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As the coronavirus outbreak continues to take its toll on global markets, many cash-strapped companies are cutting dividends to conserve cash during the crisis by theothersarahh

... [+]As the coronavirus outbreak continues to take its toll on global markets, many cash-strapped companies—like Boeing, Ford, Darden Restaurants, and Marriott International—are cutting dividends to conserve cash during the crisis. Across the S&P 500, Goldman Sachs is predicting that dividends will fall by 25% this year and earnings-per-share will fall by 33%.

There are still good buys to be found, however. Below are ten high-yielding dividend stocks from a pool of 40 identified by Goldman Sachs. To narrow down the list, Goldman’s analysts picked from top-performing Russell 1000 companies with annualized dividend yields above 3% and S&P ratings above BBB+. The full list can be found in the table below.has an annual dividend yield of 3.1%. The company has committed to closing its stores at 6 p.m.

 

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