High yield securities can compound income over time through three drivers: reinvesting dividends, dividend growth on a per share basis, and time held. Sonoco Products Co. raised its quarterly dividend to $0.53, extending its dividend growth streak to 49 years. Bristol-Myers Squibb announced second quarter results with revenue of $12.3 billion and adjusted earnings-per-share of $1.46. Eastman Chemical reported Q3 results with sales of $2.20 billion and adjusted EPS of $1.14. Both companies have increased their dividends for multiple consecutive years and currently yield over 5%.

Read more at Barchart: 3 High Yield Stocks For Dividend Compounding