These 'strong buy' rated stocks with high dividend yields are expected to beat the market

An employee works on the production line of the Swire Coca-Cola Beverages Hubei Limited on March 24, 2020 in Wuhan, Hubei province, China.As the fast-spreading coronavirus causes unprecedented disruption to society and wreaks havoc on the financial markets, investors need to find income somewhere.

The stock market is tumbling and the economy is likely already in a deep recession from the shutdown of U.S. businesses during the COVID-19 quarantine. But certain healthy stocks with high dividends could be way to receive yield in a world of disappearing income. CNBC used S&P Capital IQ to screen for stocks rated "strong buy" by Standard & Poor's equity analysts, that also have a dividend yield higher than the market's 2% yield.

A strong buy means "total return is expected to outperform the total return of a relevant benchmark, by a wide margin over the coming 12 months, with shares rising in price on an absolute basis," according to S&P Capital IQ. So not only are these stocks paying a high and stable dividend, they are also poised to beat the market in S&P's view. Take a look at the list here.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

3 places to put your money when you're worried the stock market is too risky - Business InsiderIf you don't want to put money in the stock market, try putting cash in a high-yield savings account, CD, or money-market account.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How to become a successful freelance copyeditor and set your rates - Business InsiderHow to become a highly successful and high-earning freelance copyeditor, according 2 people who did it — plus, email templates you can use to set competitive rates (by RobinMadell)
Source: BusinessInsider - 🏆 729. / 51 Read more »

What to do with emergency savings if high-yield savings rate is low - Business InsiderThe Fed's interest rate cuts have sent APYs on high-yield savings accounts to new lows. So should you leave your money alone? Or move it elsewhere? I will invest in farming especially cash crop Better there than spending it all up.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Dow climbs 260 points as tech shares, oil rebound drive gains - Business InsiderTech stocks led the way higher on Friday, with semiconductor manufacturers outperforming the broader market. hblodget Further proof the stock exchange is a joke. 26 million people are still out of work and cannot pay rent, let alone spend money eating out or at movies, yet the Dow still keeps gaining.
Source: BusinessInsider - 🏆 729. / 51 Read more »