DVY

Knowing what's going on will help you keep your portfolio successful.Stop chasing others when you're working your plan.Whipsawing or range-bound securities are not a pain point for income investors.In fact, by using a pullback to your advantage, you are boosting your future income.

The Federal Reserve has made an explicit commitment to a set inflation goal, and that will raise your cost of living.We analyze the big picture and provide our readers some food for thought.Inflation will knock on our doors sooner than most think.We also suggest the best hedge for our members.

Wesco International, a Fortune 500 company, recently issued a new high-yielding preferred stock as part of its merger with Anixter International, another Fortune 500 company.The Wesco International Series A (WCC-A) preferred stock is possibly the best preferred stock opportunity today, and currently carries a 9.5% stripped yield.Every five years, the dividend on WCC-A resets to the five-year Treasury Rate plus 10.325%, by far the highest floating rate of any preferred stock.This extraordinarily high reset/floating rate provides enormous protection against any kind of future interest rate environment.The dividends on this high yielder are also qualified for the 15% tax rate.

Federal Reserve Chairman Jerome Powell has pledged to hold interest rates near zero until the US economy reaches 4% unemployment and 2% average inflation. In all likelihood, it will take a very long time (6+ years) to reach that goal, if we reach it at all before the next recession. The increasing amount of permanent damage done by COVID-19 makes the fabled "V-shaped recovery," and thus the hope of higher rates, extremely unlikely. Here are three high-yielding dividend stocks that offer safe income streams and should benefit from the low-rates environment.