3 High-Yield Stocks with Major Growth Prospects
0.77%April 25 | MyPlanIQ portfolio symbol P_36352

Lisa Springer of the Street Authority sets out to find companies that combine strong growth prospects with better than average yields. This was of interest to me as I am interested in yields for income and growth for, well, growth.

Lisa screens for

The resulting list of 20 was further refined by eliminating companies that haven't grown their dividends over the past five years

The top three

Meridian Bioscience Inc. (VIVO) Yield: 4% Estimated five-year annual EPS growth: 16%.

Leader in diagnostic test kits used to identify and treat common gastrointestinal, viral and respiratory infections. The company sells in more than 60 countries and so has worldwide reach.

Watsco is the nation's leading distributor of air conditioning, heating and refrigeration equipment and related parts. It has over 500 US and Puerto Rico locations.

Energy Transfer Partners LP (ETP) Yield: 7% Estimated five-year annual EPS growth: 19%.

Energy Transfer Partners operates gas pipelines in the Western and Southwestern United States, and owns the largest intrastate pipeline system in Texas.

Three equities is too small for a complete portfolio but it is an interesting set worthy on being measured against our benchmark ETF portfolio.

Historical Return Chart

Calculate Performance

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From 03/17/2005 to 04/25/2024, the worst annualized return of 3-year rolling returns is -12.21%.

From 03/17/2005 to 04/25/2024, the worst annualized return of 5-year rolling returns is -5.17%.

From 03/17/2005 to 04/25/2024, the worst annualized return of 10-year rolling returns is 1.34%.