In this article we are going to read about the top 5 best high yield stocks to buy now, based on Insider Monkey’s latest article. At first let’s see why prefer dividend stocks with low payout ratios. If a company pays low payout ratio, it means that company reinvest the vast majority of its earnings into expanding operations. And its opposite is also true: if a company gives a high payout ratio, it means the company won’t be able to maintain it in the long-run. Nevertheless, the appeal of high-yield dividend stocks is growing, despite all skepticism. As the coronavirus pandemic swept across the world, and volatility of economic grows, investors grew to like stocks that offer steady streams of income. What’s more, the Federal Reserve decided to keep interests low, which was another attractive side of dividend stocks.
And now, without a further ado let’s see what Insider Monkey has investigated for us. Artisan Partners Asset Management Inc stands on the fifth spot with a dividend yield of 5.78% and a payout ratio of 82.06%. Artisan Partners Asset Management Inc (NYSE: APAM) is headquartered in Wisconsin and it operates in offering management services to mutual funds, businesses and various pooled investment vehicles. It also offers fixed income strategies and equity investment advice. According to Insider Monkey, Artisan reported “its Q4 non-GAAP EPS of $1.06, beating the Wall Street estimates by $0.05. GAAP EPS in the period totaled $1.15, above the consensus by $0.13. Revenue in the period jumped 25% to reach $261.1 million, beating the analysts’ forecasts by $4.77 million.” Centurylink Inc stands on the third spot with a dividend yield of 8.18% and a payout ratio of 84.03%. The company is based in Louisiana, and also known as Lumen Technologies. It operates in products and services for network services, security, communications, cloud solutions and voice. Mason Hawkins’ Southeastern Asset Management is among the 31 hedge funds, and it has more than 62 million shares in the firm. If you want to know more about the best high yield stocks to buy now, please click and see the entire article.
