High yield dividend stocks were hard to come by in the recession, as some big blue chips slashed their payouts. But now, dividend growth appears to be back. According to Standard and Poor's, only 48 companies in the S&P 500 decreased their dividend payments during the first quarter of 2010, a vast improvement over the record 367 companies that slashed dividends during the same period in 2009 -- adding $6.4 billion in total dividends.
Crude oil is trading above $85/b today, the dollar is strengthening against the euro, and gold futures are above $1,180/oz. That all three things are happening at the same time is a bit unusual, but then these are unusual times. Both the SPDR Gold Shares ETF (NYSE:GLD) and the Market Vectors Gold Miners ETF (NYSE:GDX) are at new highs for 2010 and at their highest point since gold topped $1,200/oz back in December 2009. The climb back to the peak has been more or less steady, and if news from Europe doesn't get better over the weekend, $1,200/oz is not out of the question for next week.