The Best Income Stocks According To BoA

Dividend investing is a challenging sport. Trying to find the market’s best income stocks is a complicated process not least because those stocks with the highest yields, tend to produce the worst long-term returns. The best research on this can be found in the research paper High Yield, Low Payout, compiled by Credit Suisse analysts Pankaj N. Patel, Souheang Yao and Heath Barefoot. To try and figure out which income stocks investors should be spending their most time on, these analysts simulated a dividend strategy from January 1980 to June 2006, limiting their universe to stocks within the S&P 500. They…