10 High Dividend Yield, Low Beta Stocks to Consider for a Market Pullback

The S&P 500 is up almost 7% over the past two weeks. We feel that this short term rally is more of a technical bounce and is not representative of the underlying fundamentals of the U.S. economy. The U.S. economy continues to have significant headwinds (e.g., high unemployment, end of QE2, weak housing market, high debt levels, etc.) and signs are definitely pointing toward further weakness in the equity market. In the current market environment, it is important for income investors to choose their dividend stocks wisely as they are putting new money to work. As volatility increases (especially downside volatility), investors may want to add some low beta stocks to their holdings to help dampen portfolio volatility. In general, companies with low betas will tend to be less volatile than the general market. With that in mind, we did a screen with the following parameters to find companies that... Read more