I have created a new “fund” for income based on the following criteria:
- Annual Dividend Yield > 3%
- CFRA Star Rating of 4 or 5 stars
- Schwab Equity Rating of B or A
The top 19 stocks meeting these criteria (sorted in descending order of dividend yield) are:
|
Symbol |
Description |
Annual Dividend Yield |
Schwab Equity Rating |
CFRA Stars |
|
PM |
Philip Morris International Inc |
6.03% |
A |
5 Stars |
|
PRU |
Prudential Financial Inc |
5.62% |
A |
4 Stars |
|
DOW |
Dow Inc |
5.39% |
B |
4 Stars |
|
OGE |
OGE Energy Corp |
5.28% |
B |
4 Stars |
|
PFE |
Pfizer Inc |
4.35% |
A |
4 Stars |
|
CFG |
Citizens Financial Group Inc |
4.28% |
A |
4 Stars |
|
WU |
Western Union Co |
4.04% |
A |
4 Stars |
|
MET |
MetLife Inc |
3.82% |
A |
4 Stars |
|
CC |
Chemours Co |
3.80% |
A |
4 Stars |
|
FITB |
Fifth Third Bancorp |
3.73% |
B |
4 Stars |
|
DTE |
DTE Energy Co |
3.66% |
B |
4 Stars |
|
RF |
Regions Financial Corp |
3.64% |
A |
4 Stars |
|
CAH |
Cardinal Health Inc |
3.62% |
A |
4 Stars |
|
SNV |
Synovus Financial Corp |
3.55% |
B |
4 Stars |
|
JEF |
Jefferies Financial Group Inc |
3.43% |
A |
4 Stars |
|
MRK |
Merck & Co Inc |
3.37% |
A |
4 Stars |
|
GPC |
Genuine Parts Co |
3.37% |
A |
4 Stars |
|
MMM |
3M Co |
3.35% |
B |
4 Stars |
|
LMT |
Lockheed Martin Corp |
3.23% |
B |
5 Stars |
|
JEPI
|
JPMorgan Equity Premium ETF |
9.84% |
N/A |
N/A |
I believe that these stocks will provide excellent income while maintaining relatively stable value. In addition to these stocks, I am suggesting that you purchase JPMorgan Equity Premium Income ETF (JEPI). This fund’s a SEC yield of 9.84% by purchasing dividend yielding stocks along with selling call options to provide additional income and offset risk. Please study each of the above stocks along with the JEPI ETF prospectus before making any investment. I think that you will be glad that you did.