Which mutual funds or stocks that have the highest percentage of dividend?

Answer 1

AMANX fund policy is to invest at least 80% of it's assets in income-producing stocks.

I own it and am very satisifed.

Best wishes,

pup

Answer 2

This is a good question as well as a reasonable direction that you are thinking about. The biggest problem with your thought process is that typically investments that 'kick-out' a large dividend or "yield" are distributing money that the company could be spending on future investments within the company.

Over the last 50 years, some of the best performing stocks do kick-out a dividend, but 2.5% to 4% is as large of a dividend that a company could consistently pay without hurting their business long-term.

Back to you original question, Bank of America pays a dividend of 4.1%. New Century is a 1.9 billion dollar company that is paying a 22% dividend this year. American High-Yield Bond fund has one of the highest paying yield of any mutual fund.

Just remember that there are two parts of the picture for growing wealth. Dividends and Value.

Answer 3

Closed end funds often pay a large dividend. There are a few funds out there that write covered calls and collect income on these options (and distribute this to shareholders).

Also, utility stocks, REITS, and financial stocks have typically paid above average dividends too.

My personal favorite high dividend paying stock is Altria (MO). It does not have the "highest" dividend, but it pays over 4% right now.

BEP
IGD
ETV
IIA

Answer 4

Fording, symbol FDG, a Canadian Coal Trust, has dividend of 12.8% - I own this one in my daughter's college fund. They recently increased their quarterly dividend as well.

If you want some great investment ideas, see what the best traders are buying and selling at http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Hope this helps.

Answer 5

I'm not sure if its the highest but Bank of America pays a pretty high dividend. Symbol BAC

Answer 6

I know of a stock that pays about 17-18% dividends and is pretty stable....symbol is NFI, they do subprime loans.

Answer 7

Southern Copper-PCU has good dividends, around 10% from what I've seen.

Answer 8

I agree with "ichigo" BAC pays a nice dividend and they have increse it every year. Happy BAC shareholder.