3 FTSE 350 value stocks with 5%+ yields

After a short-lived Santa Rally at the end of 2023, market conditions seem to have calmed down again. Most of the main UK indices have made a somewhat downbeat start to the year:

At home and abroad, there are clearly plenty of plausible reasons for investors to be cautious about the year ahead.
Despite this, I think there are also some reasonable arguments to suggest that many UK equities offer a decent mix of value and medium-term growth opportunities at the moment.
I would not necessarily describe myself as a glass half-full person. But I am feeling relatively optimistic about the investment opportunities within the universe of shares I follow.
One reason for my enthusiasm is that in an era of 5% risk-free interest rates, I can still find plenty of well-respected FTSE 350 stocks offering yields in excess of 5%, with added growth potential. For me this looks potentially attractive, in terms of valuation.
As evidence of my conviction – rightly or wrongly – I am almost fully invested in my main personal portfolio. My rules-based SIF folio here at Stockopedia is also more heavily invested than it has been...