Even after multiple rate hikes from the U.S. Federal Reserve, savings accounts are still paying next to nothing. That’s why over the last several years, more and more income investors have started considering high-yield stocks. The problem is, though, most high-yield stocks today are not known for their dividend safety. If you are saving for retirement, you probably don’t want to put your money in a company that might cut its payout soon. Lock in High Dividend Yields That Are Also Safe...
And even if you have a bit more risk tolerance, buying companies with questionable yields can still be a painstaking process. For one, you’d have to pay close attention to the company’s financials to make sure it has enough money to cover the next dividend payment. Still, that doesn’t mean investors should ignore high-yield stocks altogether. If you are willing to do the research, you can still find high-yield companies that can give even the most risk-averse income investor a peace of mind. Verizon Communications Inc. (NYSE:VZ) and AT&T Inc. (NYSE:T) serve as great examples.
Source: Income Investors
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Two High-Yield Stocks to Own Forever
Posted by D4L | Sunday, June 17, 2018 | ArticleLinks | 0 comments »________________________________________________________________
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