Top S&P 500 Dividend Stocks #1 – Windstream Holdings (WIN)
WIN stock is a telecom that has posted some ugly longer-term returns. Lately, though, the rising stock price makes the five-year performance for WIN stock positive, having bounced back from lows not seen since the financial crisis.
Like CenturyLink and Frontier Communications, Windstream Holdings (WIN) is having an excellent year. WIN stock is up 22% so far in 2014. That has the yield falling below 11% — but so what? That still crushes even the highest-yielding junk bonds.
And like junk bonds, WIN is rather risky. Windstream is highly leveraged and pays out more in dividends than it makes in earnings. However, ample free cash flow after paying interest should keep the payouts coming.
As of this writing, Dan Burrows did not hold a position in any of the aforementioned securities.