Saturday, February 22, 2014

My top dividend stocks for 2014

New York Mortgage Trust Inc. (Nasdaq: NYMT) is a Real Estate Investment Trust ( REIT) This company currently pays $1.08 annually for a yield of almost 15% and has paid this consistently for the past  4 years. NYMT has increased the amount paid 4 of the last 5 years. 

 With the housing market on the rebound, I believe that any dip under $7 is a good buying point for investors wanting to get in to this high yielding stock.

Atlas Resources Partners (NYSE:ARP) This company is still relatively new to the market having its IPO in 2012. This company deals with the production of natural gas and oil. ARP is also the largest sponsor of natural gas and oil partnerships in the United States. They pay an annual dividend of $2.32 right now which is roughly 11%. As of Q4 2013, the company Increased the quarterly dividend by 2 cents a share and since they first announced paying a dividend in 2012 it has always increased.

This growth of dividends paid back to the shareholders will hopefully be continuous in the future as the company continues to grow.

I will continue to update this as I find more stocks. I am currently long in NYMT and have no position in ARP. If you have any suggestions for growing high yield stocks please leave the ticker in the comments and I will check it out. Thanks.

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