Yields Of More Than 9%: My Top 10 High Dividend Yield Companies, February 2024

Investment Thesis - The annual inflation rate in the United States increased to 3.4% in 2023 from 3.1% the previous year, highlighting the need for effective investment strategies to protect against inflation [1] Dividend Income-Oriented Investment Strategy - A dividend income-oriented investment strategy minimizes risks while maximizing positive investment results through both dividend income and growth [2] - This approach provides extra income for monthly expenses and safeguards investments against inflation [1][2] Selection Process for High Dividend Yield Companies - The selection process involves analyzing financial ratios, competitive advantages, valuation, and diversification across industries and countries [3][4][5][6][7] - Companies must have a market capitalization greater than $10 billion and a forward dividend yield greater than 2.5% to be considered [3] - A P/E [FWD] ratio of less than 30 is used to filter out companies with high growth expectations, reducing investment risk [4] Top 10 High Dividend Yield Companies for February 2024 - The recommended companies include: - The Coca-Cola Company (KO) - Enterprise Products Partners L.P. (EPD) - Intesa Sanpaolo S.p.A. (OTCPK:ISNPY) (OTCPK:IITSF) - Verizon Communications Inc. (VZ) - AT&T Inc. (T) - Altria Group, Inc. (MO) - British American Tobacco p.l.c. (BTI) - Realty Income Corporation (O) - Boston Properties, Inc. (BXP) - U.S. Bancorp (USB) [8] Company Highlights - Enterprise Products Partners L.P.: Offers a forward dividend yield of 7.62% and a 10-year dividend growth rate of 3.88% [9] - Intesa Sanpaolo S.p.A.: Provides a forward dividend yield of 9.97% with a 10-year dividend growth rate of 14.57% [11][12] - Boston Properties: Has a forward dividend yield of 5.60% and a 10-year dividend growth rate of 4.19% [13] - Coca-Cola: Displays a forward dividend yield of 3.07% and a 10-year dividend growth rate of 5.09% [17] - Verizon: Offers a forward dividend yield of 6.26% and a 10-year dividend growth rate of 2.34% [18] - AT&T: Shows a forward dividend yield of 6.27% and a free cash flow yield of 16.25% [19] - Realty Income: Has a forward dividend yield of 5.58% and a 3-year dividend growth rate of 4.16% [20][21] - British American Tobacco: Provides a forward dividend yield of 9.33% and a 10-year dividend growth rate of 2.85% [22] - Altria: Displays a forward dividend yield of 9.69% and a 3-year dividend growth rate of 4.14% [23][24] - U.S. Bancorp: Offers a forward dividend yield of 4.52% with a 5-year dividend growth rate of 7.57% [25][26] Conclusion - The high dividend yield companies discussed can be excellent long-term additions to a dividend portfolio, especially when complemented with dividend growth companies [28]