Three high-octane income stocks -- sporting yields of 10.4% to 12.8% -- are perfectly positioned to fatten the pocketbooks of patient investors.

A buoyant stock market that keeps reaching new heights is making it tougher to find high-yield dividend payers. The S&P 500 reached a new all-time high on Oct 18. At recent prices, the average dividend-paying stock in the benchmark index offers an uninspiring 1.3% dividend yield.

Wall St. Insights Investors can expect 50 basis points of cuts before 2024 is over. Dividend stocks are an in-demand asset class as interest rates drop. Sit back and let dividends do the heavy lifting for a simple,