Fed Chair Kevin Warsh Warned a Rate Hike Could Be Coming. Some Dividend Stocks Would Get Hurt -- Others Could Actually Win.

Fed Chair Kevin Warsh's comments at Jackson Hole increased the probability of a rate hike to 60.4% for September. While higher rates would negatively impact most high-yielding dividend stocks due to increased borrowing costs and competition from bonds, some companies with floating-rate loan portfolios could benefit from rising rates.