Home prices and rents are expected to climb, according to the Federal Reserve Bank of Dallas. Supply chain challenges are still hampering the post-pandemic economic recovery. According to the ECB, rent inflation would grow from 1.9 percent in 2021 to 3.0 percent in 2023. As inflation rises, value stocks will begin to outperform the growth-oriented S&P 500 index. Johnson & Johnson, The Proctor & Gamble Company, and BHP Group are among the top dividend companies with high yields.
Here is Insider Monkey’s list of the 10 dividend stocks with over 10% yield. The company just reported third-quarter earnings, with revenue of $412 million, up 13% year over year and $33 million ahead of expectations. With 1.1 million shares worth more than $20 million, Zimmer Partners is a major shareholder in NuStar Energy L.P. Telefónica, S.A. is largely a Latin American and European company. In Spain, the company is looking to sell its fiber network business for roughly €15 billion. The proceeds from the asset sale will almost certainly be used to reduce the company’s debt. Icahn Enterprises L.P., situated in Florida, is an industrial conglomerate. The firm recently issued a quarterly dividend of $2.00 per share. Its sales for the third quarter exceeded market expectations by $10 million. In mid-September, Sibanye Stillwater Limited announced that it had agreed to buy half of Ioneer’s Nevada lithium project for $495 million. The transaction is the largest in the history of the metal used to power batteries. Gerdau S.A. reported R$21 billion in revenue, up more than 74 percent from the previous year’s same period. It has profited from the recent rise in steel prices. However, Morgan Stanley warns that the prices may have reached their top. For more details, click 10 Dividend Stocks With Over 10% Yield.