If diversity is what you’re seeking, here are two off-beat but high-yield stocks. PacWest Bancorp ( PACW) and Starwood Property Trust ( STWD) , aren’t your usual fare, but they sure do pack a dividend punch.
PacWest, a bank holding company, and Starwood, a real estate investment trust (REIT) offer exceptional yields — much better than a number of their major competitors. PacWest generated a robust profit margin. Starwood is following a sound strategy in managing its capital.