At 24/7 Wall St., we consistently emphasize the potential of total return to our readers, as it is one of the most effective ways to enhance the prospects of overall investing success. Total return is the collective increase in a stock’s value plus dividends.
While the monster September jobs report dashed any hopes for another 50-basis-point rate cut in November, the reality is that by 2026, federal funds rate is expected to be 3.00% to 3.25%. That means that investors will look high and low for quality ultra-high-yield stocks, and we have tracked down four of our top 24/7 Wall St. picks for October. All are Buy-rated by top Wall Street firms and pay at least a 12% dividend.
This post originally appeared at 24/7 Wall St.