Top strategist James O’Shaughnessy is finding numerous opportunities in high-dividend stocks both in the U.S. and abroad. In a recent interview with CNBC, O’Shaughnessy details his “Enhanced Dividend” strategy, and talks about what types of stocks tend to do well at different stages of a bull market. He also says his research shows that increases in interest rates haven’t historically been bad news for stocks, and that high-dividend stocks tend to do particularly well when rates are rising.