2 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’

Let’s talk about defending your portfolio. It’s a common impulse for most investors, when the economy starts to turn sour. We’re in a growth phase now, with economic activity rebounding strongly from the corona-crisis shutdowns, and with reopening getting into full stride, economists are predicting up to 8% GDP expansion this year. Wall Street’s analysts have been doing some of the footwork for us, pinpointing dividend-paying stocks that have kept up high yields, at least 7% to be exact. Opening up the TipRanks database, we examine the details behind two such stocks to find out what else makes them compelling buys.

We’ll start with a hydrocarbon exploration and development company, Black Stone Minerals (BSM). This company holds rights to more than 20 million acres, spread across 60 productive basins in 40 states. The lion’s share of the operations are spread from Texas through Alabama. Blackstone Mortgage (BXMT) focuses on collateral-based senior mortgage loans in the North American, European, and Australian markets. The company has a real estate portfolio exceeding $368 billion in global value, and a total of $649 billion in assets under management.

Source: Yahoo Finance

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