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2 High-Yield Stocks to Buy in November

Julian WestSaturday, Nov 2, 2024 3:57 am ET
1min read
As an income-focused investor, it's essential to seek out stable, high-yielding stocks that generate consistent returns. In November, two dividend stocks stand out as attractive options for your portfolio. Both companies offer compelling yields, strong fundamentals, and a history of dividend growth. Let's dive into the details of these high-yield stocks and explore why they deserve your attention.


1. Coca-Cola (KO)
Coca-Cola is an iconic brand with a strong track record of dividend growth. The company currently offers a forward dividend yield of 2.9%, which is attractive for an established brand with high sales volumes. Coca-Cola's payout ratio is around 68%, indicating a sustainable dividend level. Despite recent weakness in unit sales, the company's adjusted operating margin and earnings have shown consistent growth. Coca-Cola's business model, built on iconic brands and repeat revenue, ensures stable financial results, making it an appealing choice for income investors.


2. UPS (UPS)
UPS is a dominant player in the shipping industry, with a 15-year dividend growth streak. The company's forward dividend yield is currently around 3.2%, supported by its strong market position and consistent profitability. UPS has shown recent revenue and margin growth, signaling a turnaround in its financial performance. Despite a higher payout ratio, UPS's strong fundamentals and expected revenue and earnings increases in 2025 make it an attractive income play.


Both Coca-Cola and UPS balance growth and dividend payouts during economic downturns by maintaining strong profitability and adjusting their payout ratios. Their stable dividends are driven by strong fundamentals and consistent cash flows, making them reliable income-generating investments. As an income-focused investor, consider adding these high-yield stocks to your portfolio to secure steady returns and capitalize on their long-term growth potential.

By focusing on sectors that generate stable profits and cash flows, such as utilities, renewable energy, and REITs, you can build a diversified portfolio that offers consistent, inflation-protected income. This income-focused strategy, known as the Income Method, is particularly suited for retirement portfolios and helps you capitalize on undervaluations created by market perceptions.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.