Why wouldn't an income investor want to own a stock that has a 14% dividend yield? That's an awfully tempting number, given that the average return of the S&P 500 (SNPINDEX: ^GSPC) is generally considered to be around 10% a year.

The recent inflation read came in below market expectations at 2.8%. This was seen as a positive sign, and most stocks opened higher. However, the recovery in these stocks is still on shaky ground. Dividend stocks with very high yields can be a much better bet if inflation unexpectedly trends significantly lower in the coming

Simply picking the highest yielding stocks off a list, like the companies in the S&P 500 index, won't do. You need to aim higher, looking for high-yield dividend stocks that you can count on and, better yet,