My Top 10 High Yield Dividend Stocks For August 2023

Aug. 02, 2023 3:49 PM ET, , , , , , , , , , , , 6 Comments

Summary

  • The strong equity market continued in July, with impressive gains for the SPDR S&P Trust ETF, Vanguard's High Dividend Yield ETF, and my watchlist.
  • My top 10 list of high dividend yield stocks has generated an annualized rate of return of 15.22% since its inception in November 2020.
  • The list from July posted a solid gain of 6.11%, outpacing both VYM and SPY.

Light bulbs on and arrows pointing up, the idea begins with a new invention.

jittawit.21

Market Recap

The strong equity market of 2023 continues in July. The SPDR S&P Trust ETF (SPY) kicked off the second half of the year with a gain of 3.27% last month. Vanguard's High Dividend Yield ETF (

This article was written by

I have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst and working my way up to a management role. Dividend investing is a personal hobby and I look forward to sharing my thoughts with the Seeking Alpha community.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of BBY, MS, TXN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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