Dividends4Life: 2 Cheap High-Yield Dividend Stocks to Grow Your Retirement Portfolio

Cheap yields of 6% and almost 9%? Here's where you can find them. Join me as we take a trip off the beaten path in search of the market's cheapest high-yield dividend stocks that are worthy of consideration in your retirement portfolio. To be sure, there are well-known names that are offering high yields right now. Today, I'll introduce you to two smaller stocks that I believe are trading at a significant long-term discount, and that could enable you to snatch shares now and help you grow your retirement portfolio moving forward.

What was once used primarily as an additional fuel source to stay warm during a Maine winter is now becoming a major source of profit for one Southeastern United States company: Enviva Partners (NYSE:EVA), a company which sports a yield of 8.9% based on 2017's expected payout. Coming out of the Great Recession, high-end spenders were the quickest to resurface. That's largely because our recovery has been uneven -- with the wealthy enjoying most of the economic growth since 2009, while the rest of us didn't see circumstances improve nearly as much. But that's been great for those that cater to such high-end business clients. Case in point: Chesapeake Lodging Trust (NYSE:CHSP), a company that owns 22 different luxury hotels throughout the United States under various banners, including Hyatt and JW Marriott.

Source: Motley Fool

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