What stock screeners do you use to find high dividend-yielding stocks?

Study the company's fundamentals. check for companies with long term profitability, consistent annual growth and growth expectations of 5% to 15%. Also, avoid companies with a debt to equity ratio of more than 2.0. Also, consider the broad industry. If the oil industry isn't doing well, chances are that a high dividend oil company may begin to depreciate.

You can use Charles Schwab's screeners. Only go for companies that have long-term, sustainable dividends and are financially stable.

On the dividend question, select "dividend yield" as the required criteria.

Ask for an 8% return on equity or higher (even though you can accept lower).

To meet your screening criteria, the company must not be in bankruptcy or have significant debts of over $350 million.

Another stock screener that is better for those who require a balance between growth rates and yield is Yahoo!'s SCREEN tool. Here, there is no need to enter your parameters, but other filters can still be limited if desired.