NEW YORK ( TheStreet) -- We have picked companies from diversified sectors like energy, financials, telecommunications and materials with high dividend yields of 5% to 22% and potential upside of 3% to 31% over the next 12 months. These companies posted strong results in the latest quarter and maximize returns to investors in the form of dividends and stock value. On average, these stocks have 52% buy rating and 46% hold rating.Cascading negative news during the past couple of weeks has alerted investors to exercise great caution with their equity investments. Subsequent to the S&P's downgrade of U.S. credit rating, investors sought safe-haven investments and seem to favor high-yielding Real Estate Investment Trusts (REITs), which are considered reliable income sources. Essentially, these REITs are not taxed on their income but are required to pay 90% of their taxable income in the form of dividends.
8 High-Dividend Stocks With Upside
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