High-Yield Stocks for Income Investors Amidst Rising Bond Yields
As bond yields soar and cash finally offers a visible return, many savers are struggling to keep pace with inflation. To bridge this gap, reliable dividend payers offering more than a 3% yield can provide crucial support.
The Dividend Powerhouses screen, which focuses on well-covered, growing, and steady payouts, has identified three high-quality income stocks: Nike (NKE), Accenture (ACN), and Novo Nordisk (CPSE:NOVO B).
Nike's global sportswear business generates most of its revenue from North America and Europe, with total sales of roughly US$46.4 billion split between the United States and markets outside the US.
Accenture earns about US$22.3 billion from Products clients, US$14.9 billion from Health & Public Service, and US$13.8 billion from Financial Services, among others.
Novo Nordisk's cash-generative GLP-1 treatments support consistent dividend payouts, with the company allocating capital to R&D for next-generation obesity drugs and acquiring companies to expand its pipeline beyond diabetes and obesity.