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Dividend yields in the S&P 500 are down since late June, as a 6% rally for the US equity index this month has pushed yields lower, and companies remain cautious about increasing their dividend payouts.
This morning on Squawk on the Street, Erin Burnett interviewed Joe Keating, Chief Investment Officer of RBC Bank's Private Asset Management about dividend plays. Here are some of the highest yielding stocks on the S&P.
Investors seeking to mitigate their exposure to any pullbacks in the market, may want to consider companies rewarding their shareholders with dividends.
The Lightning Round is extended in this CNBC.com exclusive feature.
Earlier this week, we wrote about the highest yielding stocks on the Dow. The S&P 500 also has some nice yielding stocks. If you are worried about the financials being able to continue to pay thier big dividends (with Freddie Mac's big slide, its yield is now over 20%!), there are nearly 40 stocks on the S&P that are currently yielding 5% or more. Here's a breakdown.