5 Absolutely Best Dividend Stocks Yielding Over 12%

Core Insights - The article highlights five ultra-yield dividend stocks that provide significant income streams and total returns, appealing to investors with a higher risk tolerance [1][4]. Group 1: Overview of Dividend Stocks - Dividend stocks are favored by investors for their ability to generate passive income and total returns, which include interest, capital gains, dividends, and distributions [1]. - Ultra-yield dividend stocks are particularly attractive for those seeking to enhance earnings amid persistent inflation and rising interest rates [4]. Group 2: Featured Dividend Stocks - Alliance Resource Partners (NASDAQ: ARLP): A leader in the thermal coal business with a yield of 13.24%. The company operates in multiple states and has diverse operations including coal production and oil & gas royalties [6]. - Annaly Capital Management (NYSE: NLY): Trading under $20 with a dividend yield of 13.63%. This diversified capital manager focuses on mortgage finance and corporate lending, benefiting from unique tax advantages as a REIT [8]. - Arbor Realty Trust (NYSE: ABR): Offers a 13.32% dividend and trades at 7.7 times estimated 2024 earnings. The company invests in structured finance assets across various real estate markets [10]. - Mach Natural Resources (NYSE: MNR): A late 2023 IPO with a 14% dividend yield, focusing on oil and gas reserves in the Anadarko Basin. The company aims for consolidation in the region with a strong operational position [13]. - Service Properties Trust (NASDAQ: SVC): A net lease REIT with a 13.22% dividend yield, managing over $11 billion in assets across hotels and retail properties [16].