High-Yield Dividend Stocks From The S&P 500

The S&P 500 index is a popular investor tool. Professionals investors such as big insurance companies or pension funds allocate their portfolio weighting on indices like the Dow Jones Index and Standard & Poor’s 500. The S&P 500 is a free-float capitalization-weighted index that, since 1957, has been published by Standard & Poor's, a division of McGraw-Hill Companies.

I screened the index with its 500 companies for the best dividend yields. The index has eighteen high yielders and the highest yield amounts to 10.50 percent, paid by Pitney Bowes (PBI). Six high yields have a P/E ratio below 15 and seven are currently recommended to buy: Avon Products (NYSE:AVP), Reynolds American (NYSE:RAI) and Altria Group (NYSE:MO).

Source: Forex Pros

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