4 Dividend Stocks With 8%+ Yields to Supercharge Your Portfolio

investing.com:

This year has proven to be less than favorable for dividend investors. Here's why:

However, in the short term, the ETF has demonstrated positive returns, with a gain of +1.22% in the last three months and +6.34% in the last month.

In the following table, we can see some of the main dividend ETFs with their fee and 1-year to 5-year yields.

We see that all of them present spectacular 5-year yields. But on the other hand for 1 year, out of the 8, we have 3 negative returns and 2 with minor gains.

Source: InvestingPro

But several stocks in the S&P 500 have a very attractive dividend yield, above +6%, that beat the average yield of companies on Wall Street and that the market likes.

Specifically, we will look at 4 stocks whose dividend yields more than +8%. To do so, we will use the InvestingPro tool to uncover insights about the stocks discussed below.

Pioneer Natural Resources Co (NYSE:PXD) is based in Irving, Texas, it is engaged in hydrocarbon exploration. It was created in 1997 through the merger of Parker & Parsley Petroleum Company and MESA.

The dividend yield is +12.21%.

Source: InvestingPro

On February 21 it presents its quarterly accounts. For 2024 it expects real revenue growth of +14.3% and earnings per share (EPS) of +11.5%.

Source: InvestingPro

Its shares are up +8.69% in the last year. The market gives it a 12-month forward potential at $256.52, while InvestingPro's models raise it to $266.87.

Source: InvestingPro

Walgreens Boots Alliance (NASDAQ:WBA) is a U.S. holding company based in Deerfield, Illinois that owns the Walgreens retail pharmacy chains in the United States and Boots in the United Kingdom, as well as several pharmaceutical manufacturing and distribution companies. The company was founded on