Three High Income Stocks for the Williams Plan

What is an Income Stock?

An equity security that pays regular, often steadily increasing dividends, and offers a high yield that may generate the majority of overall returns. While there is no specific breakpoint for classification, most income stocks have lower levels of volatility than the overall stock market, and offer higher-than-market dividend yields. Income stocks may have limited future growth options, thereby requiring a lower level of ongoing capital investment. The excess cash flow from profits can therefore be directed back toward investors on a regular basis.

Income stocks can come from any industry, but are most commonly found as companies operating within real estate (through real estate investment trusts, or REITs), energy sectors, utilities, natural resources and financial institutions.

What You Should Do!

Back in 1976, I created the Williams Plan. That plan uses the Sharebuilder's  Account that allows you to put $25 into the account whenever you want to buy any stock on the New York, American, and NASAQ Markets.  If you want to purchase stock making high dividends on it as well as wait for the stock to increase in value, the Williams Plan is what you want to get into.

 The ShareBuilder's  Plan is a long term plan for such ideas as saving for children's college or retirement.

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Take my course and learn more about  the Williams Plan.

 

Louis Navellier is a renowned growth investor. He is the editor of five investing newsletters: Blue Chip Growth,Emerging Growth, Ultimate Growth, Family Trust and Platinum Growth. His most popular service, Blue Chip Growth, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks.

 Here are three stocks that Mr. Louis Navellier suggest purchasing for income.

Vector Group (VGR)

Vector Group (VGR) is usually thought of as a tobacco stock. The company does make cigarettes under 188 different brands and private-label arrangements, but there is more to this company than just tobacco.

Vector Group recently increased its ownership in real estate broker Douglas Elliman Realty and now reports that company as part of its overall operations. Real estate now represents 44% of revenues, and that should increase going forward as the company expands away for the declining tobacco business.

The real estate operations just reported a 37% year-over-year increase in sales and should be the driver of future growth for Vector Group. Portfolio Grader noticed the improved condition of the company back in March and upgraded VGR stock to an “A.” VGR stock yields 7.74% and is a “strong buy” at the current price.

Air Industries Group (AIRI)

Next on his list of high-quality dividend stocks, Air Industries Group (AIRI) makes products for the aerospace industry, including things like landing gears, engine mounts and flight controls. Its products are used in a wide variety of military and commercial aircraft. AIRI also makes electromechanical devices that are used in military aircraft like the Blackhawk UH-60 helicopter and the F-36 Joint Strike fighter planes.

Air Industries has been looking to grow by acquisition and has completed two deals so far this year. It purchased Woodbine Products, an aerospace components company earlier this year and just announced that the company is buying Eur-Pac Holdings, a company that specialized in packaging and supplies.

Management just raised the dividend back in March, which prompted AIRI stock to be upgraded to an “A.” The stock yields 5.76% and remains a “strong buy” at the current price.

Ferrellgas Partners (FGP)

Ferrellgas Partners (FGP) is in the propane business. It distributes propane under the Blue Rhino name though its portable tank exchange program and a network of dealers and outlets.

Ferrellgas also supplies propane to agricultural and industrial customers and sells propane appliances and fittings. The company has been moving to diversify away from the propane markets and recently purchased Sable Environmental, a fast-growing fluid logistics provider operating in the Eagle Ford Shale fields.

FGP stock was upgraded to an “A” two weeks and ago and remains a “strong buy.” At today’s price, FGP stock yields 7.49%.

The search for yield becomes more difficult as stock prices work higher. Make sure you avoid the low-quality dividend traps that can hurt your portfolio performance. Use Portfolio Grader to find the high-yielding dividend stocks that also have high-quality fundamentals.