3 High-Yield Dividend Gambles Paying Up to 9%- And Wall Street Says ‘Buy’

3 High-Yield Dividend Gambles Paying Up to 9%- And Wall Street Says ‘Buy’

3 High-Yield Dividend Gambles Paying Up to 9%- And Wall Street Says ‘Buy’

Dividend Aristocrats and perhaps to a lesser extent, the Dividend Kings often get all the attention when it comes to income investing… but focusing only on those groups could lead to missing out on other bigger opportunities.

Before actually increasing their dividends consistently for decades, these companies also had to start from somewhere. And some of the most exciting dividend growers are the ones “flying” under the radar. They are also riskier plays. But investors who find these types of companies before they become Aristocrats could end up with a significantly higher yield-on-cost in the future.

For that reason, today, I’m not focusing on the usual “popular” names. Instead, I’ll share with you some high-risk, high-yielding dividend stocks that have the backing of Wall Street analysts; qualities that these companies need to become a Dividend Aristocrat eventually.

I used Barchart’s Stock Screener to find the highest-yielding companies on my watchlist.

  • Number of Analysts: 12 or higher. A higher consensus suggests more confidence.

  • Current Analyst Rating: 3.5 – 5. Companies that have average “Moderate” to “Strong Buy” ratings suggest quality.

  • Annual Dividend Yield (FWD),%: Left blank so I can use it later to sort the results from highest to lowest.

  • Market Cap ($K): $300M – $10B. “Small” to “mid-sized” companies- names that are usually missed.

  • Dividend Investing Ideas: Best Dividend Stocks, those that could be the next Dividend Aristocrats.

17 results match the screen, so I’ll sort them by highest yield to get my list of highest-yielding dividend stocks.

Let’s start with the first dividend stock:

Americold Realty Trust is a real estate investment trust (REIT), a company that owns income-producing real estate, allowing individuals to buy shares instead of directly owning the property. Founded in 1903, Americold owns and operates one of the world’s largest networks of food industry warehouses. And the company continues to expand. For example, just last month, Americold secured exclusive rights to export Irish meat to the U.S., making it the only third-party cold storage provider with this approval.

In its most recent financials, Americold reported that sales declined 1% YOY to $664 million, with its net loss growing almost 205% to $11 million. This is due to rising operating costs and softening demands. Despite this, Americold maintains a market cap of roughly $3 billion, a relatively small company with potential to scale.

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