5 S&P 500 Dividend Stocks Yielding Greater Than 5%

For investors hoping to pick up some yield these 5 stocks are members of the S&P500, have yields over 5%, and present a great opportunity to earn some income in 2015. The higher yielding nature of this stocks implies they are higher risk (which they are) but given the outlook for these companies going forward, it appears they are all able to at least sustain the current dividend.

Windstream Holdings (NASDAQ:WIN) current yield is 11.3% and the second highest yield on the S&P500. Ensco (NYSE:ESV) current yield is 9.8% but high risk given the current oil price environment. AT&T (NYSE:T) current yield is 5.4% and an increase was recently announced which takes the forward yield to 5.5%. CenturyLink (NYSE:CTL) current yield is 5.3% and looks sustainable with a payout ratio of ~45%. Freeport-McMoRan (NYSE:FCX) current yield is 5.3% as the commodity cycle continues to grind lower. If you add an equal weighting of all 5 stocks to your portfolio the weighted average yield would be 7.4%.

Source: Seeking Alpha

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