These 'strong buy' rated stocks with high dividend yields are expected to beat the market

An employee works on the production line of the Swire Coca-Cola Beverages Hubei Limited on March 24, 2020 in Wuhan, Hubei province, China.As the fast-spreading coronavirus causes unprecedented disruption to society and wreaks havoc on the financial markets, investors need to find income somewhere.

The stock market is tumbling and the economy is likely already in a deep recession from the shutdown of U.S. businesses during the COVID-19 quarantine. But certain healthy stocks with high dividends could be way to receive yield in a world of disappearing income. CNBC used S&P Capital IQ to screen for stocks rated "strong buy" by Standard & Poor's equity analysts, that also have a dividend yield higher than the market's 2% yield.

A strong buy means "total return is expected to outperform the total return of a relevant benchmark, by a wide margin over the coming 12 months, with shares rising in price on an absolute basis," according to S&P Capital IQ. So not only are these stocks paying a high and stable dividend, they are also poised to beat the market in S&P's view. Take a look at the list here.

Source: News Formal (newsformal.com)

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