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We all see the news about what stocks the big billionaire gurus are buying like Warren Buffett, Carl Icahn and others. Many investors follow these gurus hoping to piggyback on their stock picks. This is a strategy for a short to median trade, as these stocks see price increases as more investors jump on board. What about high dividend stocks? A select group of gurus own stocks with dividend yield above 10%. This is a confirmation that these 10% yielders are worth a look for income investors. Here is a list of stocks to consider for high yield dividends.

Crexus Investments (NYSE:CXS) operates as a specialty finance company in the United States. It acquires, manages and finances commercial mortgage loans and commercial real estate debts, commercial mortgage-backed securities, and other commercial real estate-related assets. Crexus Investment Corp has a market cap of $821.4 million. CXS shares are traded at around $10.50, with a P/E ratio of 7.6 and P/B ratio of 0.9. On December 19 2011, the company increased its quarterly dividend 16.7% to $0.35 per share. The current yield based on the new payout is 12.5%. CXS has an equity summary score of 9.9 out of 10 for a very bullish outlook. CXS is owned by Daniel Loeb of Third Point LLC and Jean-Marie Eveillard the portfolio manager of First Eagle Global.

PennyMac Mortgage Investment Trust (NYSE:PMT) is a real estate investment trust. The Company operates as a specialty finance company that will invest primarily in residential mortgage loans and mortgage-related assets. The company seeks to acquire primarily troubled home mortgage loans and mortgage-backed securities from FDIC liquidations of failed banks, US Treasury Legacy Loans Program auctions and direct acquisitions from mortgage and insurance companies and foreign banks. PMT shares are traded at around $18.50 with a P/E ratio of 7.7 and P/B ratio of 0.9. The current yield is 11.9%. PMT has an equity summary score of 10 out of 10 for a very bullish outlook. PMT has an outperform rating from Zacks Research. PMT is owned by John Griffin, the president of Blue Ridge Capital, who has 7.9% of outstanding shares.

Portugal Telecom Group (NYSE:PT) is the largest telecommunications and multimedia company in Portugal. It offers a package of products and services adapted to the market's needs in which the most important factors are quality, diversification and innovation. At national level, the company offers the local, long distance and international telephone service, as well as circuit rental. In areas of free competition, the services include cellular phones, paging, cable TV, data communication, value added and broadcasting. PT shares are traded at around $5.25, with a P/E ratio of 8.7 and P/B ratio of 0.9. The current yield is 17.3%. PT has an overweight rating from evaDimensions. PT is owned by Charles Brandes of Brandes Investment Partners and Mario Gabelli, CEO of Gabelli Asset Management Company Investors (GAMCO Investors).

Annaly Capital Management, Inc. (NYSE:NLY) owns, manages, and finances a portfolio of real estate related investment securities, including mortgage pass-through certificates, collateralized mortgage obligations (or CMOs) and agency callable debentures. Annaly also manages other securities representing interests in or obligations backed by pools of mortgage loans. The Company wholly-owned subsidiaries offer diversified real estate, asset management and other financial services. NLY shares are traded at around $16.30 with a P/E ratio of 6.3 and P/B ratio of 1.0. The current yield is 14.1%. PT is owned by Ray Dalio of Bridgewater Associates, Ken Fisher of Fisher Investments and James Barrow of investment firm Barrow, Hanley, Mewhinney & Strauss, the lead portfolio manager for the Vanguard Windsor II and Selected Value Funds.

Source: Stocks With 10% Dividend Yields Owned By Leading Investors