High Yield Dividend Stock Portfolio for May

Once per month I run a high-yield dividend stock momentum screen and use the results to manage a hypothetical stock portfolio on Scott's Investments. The strategy did relatively well in 2010 and is one I continue to track because of its promise. In recent months I have also done a variation of this strategy with the Dividend Champions list in which I only search stocks that have had a history of raising dividends for 25+ years. The screen looks for high yielding high momentum stocks and last month's list is here. I screen the S&P 500 for stocks yielding greater than 4% and then rank them by 6 month returns. There were 43 results on May 11th and per a previous article (see below for explanation), the highest momentum, high yield stocks have historically been the best performing so I have listed the top 10 stocks. The article in reference... Read more