Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Three High Dividend Stocks

|Includes: DX, MITT, Resource Capital Corporation (RSO)

At the start of the year we ran into three stocks that pay very high dividends. The risk with these stocks is that they go down as well as up and to go down 20% in value is not uncommon.

To get the odds on our side, we used a trend following system that finds stocks which are at the start of a potential thrust wave, according to Elliott Wave theory. Below are the charts of the three stocks.

Disclosure: I am long RSO, DX, MITT.