Top Dividend Plays: Reliable Stocks with High Yields and Safety
Originally Published 2 years ago — by Yahoo Finance
Jim Cramer warns investors about Annaly Capital Management Inc., a high-yield stock with a 14% annual yield, calling it a trap due to its poor performance. Instead, he suggests three dividend plays that Wall Street finds attractive: Realty Income Corp., a REIT with a 5.1% annual yield; FirstEnergy Corp., an electric utility with a 4% annual yield; and Energy Transfer LP, which owns a large portfolio of energy assets and offers a 9.7% annual yield.