My Top 10 High Yield Dividend Stocks For October 2023

Oct. 01, 2023 11:55 AM ET, , , , , , , , , , , 4 Comments

Summary

  • The market slide continues in September with the SPDR S&P 500 Trust ETF dropping by 4.74%.
  • The top 10 stocks on the watchlist for October 2023 offer a 4.33% dividend yield, more than double the S&P 500.
  • My top 10 list of high dividend yield stocks has generated an annualized rate of return of 10.29% since its inception in November 2020.

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Market Recap

The market slide continues in September with the SPDR S&P 500 Trust ETF (SPY) dropping by 4.74% last month. Vanguard's High Dividend Yield ETF (VYM) posted a slightly better return, a loss of 3.35%. My

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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, SWKS, 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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