This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Stocks With Double-Digit Yields

Whiting USA Trust: 16.3% yield

Whiting USA Trust (WHX) is the income-sharing arm of Whiting Petroleum (WLL). The company receives royalties related to sales of oil and natural gas on revenue from oil and natural gas producing properties.

If you thought there's a catch for such a high-yield, you're right. The properties from which the trust earns royalties are depleting assets. The trust terminates when 9.11 million barrels of oil equivalent have been produced and sold from the properties. Thus far, a little more than half of that target has been met, and the trust's sponsors anticipate a 10% annual decline in the payout until the oil fields' quota is met, perhaps in 2016 or 2017.

Annaly Capital Management: 12.9% yield

Annaly Capital Management (NLY) is similar to Two Harbors, which was discussed earlier. A key distinction is that it has a much longer track record -- and it's pretty impressive -- which may account for the slightly lower yield: Investors may see this as a somewhat safer play thanks to management's track record.

Annaly has generated positive free cash flow in every year of its existence, including the distressing years of 2008 and 2009. The annual dividend now appears stuck in the $2.50 a share range and is likely to stay in that area as long as interest rates (and hence the company's borrowing costs) stay low.

Annaly shows up on a list of 3 Financial Stocks With Huge Dividends for Weak Growth.

Cohen & Steers Global Income Builder: 11% yield Yield: 11%

Mutual fund Cohen & Steers Global Income Builder (INB) employs a very unusual strategy -- but it works. The fund invests in real estate investment trusts, master limited partnerships and utilities. The twist: The fund buys up stocks but also uses options strategies such as covered calls to produce income.

It can lead to erratic results. The dividend stood at $2 a share in 2008 but has been just above $1 a share ever since. Still, the sub-$10 share price gives this a double-digit yield.

To see these stocks in action, visit the Double-Digit Yielders portfolio on Stockpickr.

RELATED LINKS:



Follow Stockpickr on Twitter and become a fan on Facebook.

Stockpickr is a wholly owned subsidiary of TheStreet.com.

At the time of publication, author had no positions in stocks mentioned.

3 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,539.46 -23.84 -0.14%
S&P 500 1,929.04 -1.63 -0.08%
NASDAQ 4,360.3590 -9.4140 -0.22%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs