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Here we offer an interesting way to search for income investments.

Below we list 6 stocks that have just exhibited the “Golden Cross,” in which the stock’s 50-day moving average has crossed above its 200-day average, indicating upside momentum. These stocks also pay high dividend yields above 4%.

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Do you think these stocks are positioned to move higher? Use this list as a starting-off point for your own analysis.

List sorted by dividend yield:

1. Philippine Long Distance Telephone Co. (NYSE:PHI): Telecom Services Industry. Market cap of $10.32B. Dividend yield at 6.48%. SMA50 at $53.85 vs. SMA200 at $53.17 (current price at $55.97). The stock has gained 20.68% over the last year.



2. Spectra Energy Partners, LP (NYSE:SEP):
Oil & Gas Pipelines Industry. Market cap of $2.93B. Dividend yield at 5.72%. SMA50 at $32.56 vs. SMA200 at $32.52 (current price at $32.04). The stock has gained 10.78% over the last year.



3. People's United Financial Inc. (NASDAQ:PBCT): Savings & Loans Industry. Market cap of $4.76B. Dividend yield at 4.74%. SMA50 at $12.96 vs. SMA200 at $12.83 (current price at $13.22). The stock has lost 0.82% over the last year.

4. GFI Group Inc. (NYSE:GFIG): Investment Brokerage Industry. Market cap of $552.72M. Dividend yield at 4.45%. SMA50 at $4.77 vs. SMA200 at $4.75 (current price at $4.44). The stock is currently stuck in a downtrend, trading 5.58% below its SMA20, 6.96% below its SMA50, and 6.44% below its SMA200. The stock has lost 20.67% over the last year.

5. Merck & Co. Inc. (NYSE:MRK): Drug Manufacturers Industry. Market cap of $113.25B. Dividend yield at 4.14%. SMA50 at $34.67 vs. SMA200 at $34.57 (current price at $36.24).MRK appears to have good liquidity to back up its dividend-- current ratio at 1.98 and quick ratio at 1.59. The stock has gained 18.24% over the last year.

6. Public Service Enterprise Group Inc. (NYSE:PEG):
Diversified Utilities Industry. Market cap of $16.92B. Dividend yield at 4.1%. SMA50 at $31.83 vs. SMA200 at $31.64 (current price at $33.09). The stock has gained 16.84% over the last year.

*Data sourced from Finviz.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Source: 6 High-Yield Stocks With Bullish Momentum