Top 12 high yielding shares in the FTSE 250

The FTSE 100 has long been a huge source of returns for hunters of high yield shares. In the third quarter of this year 88.8% of all the dividends paid by UK quoted companies came from the blue chip index. But according to Capita, which monitors these payouts, dividend growth among the biggest companies has been falling for the past three years. By contrast, payouts by FTSE 250 stocks have been trending upwards. So what does that mean for investors and where can the highest mid-cap yields be found?Hunting for high yieldOne of the best known strategies for targeting high yield blue chips is called Dogs of Dow – better known in the UK as Dogs of the FTSE. It works by rotating into the 10 highest yielding stocks in the index every year. Our tracking of the Forecast Dogs of the FTSE screen (which looks at the rolling 1-year yield rather than the current yield) has seen a return of 3.9% over one year and 24.5% over two years. And that’s before dividends. Right now, the 10 highest forecast yielders in the FTSE 100 have a median yield of 6.2%.One of the criticisms of the Dogs strategy…