Ideally, we want the highest yield possible with the least amount of risk. Unfortunately, risk and yield tend to be correlated. This means high-yield dividend stocks (those with yields of at least 4%) should be given extra care and scrutiny. But that doesn't mean there aren't great high-yield income stocks. If you're looking to add a few great high-yield companies to your portfolio for the second half of 2020, consider buying these three stocks.
First up is regional banking giant U.S. Bancorp (NYSE:USB), which was paying out 4.7% to its shareholders as of this past weekend. Real estate investment trust Innovative Industrial Properties (NYSE:IIPR). Finally, income seekers should really consider buying into telecom stalwart AT&T (NYSE:T), which as of this past weekend was paying out a delectable 7.2% annually.
Source: Motley Fool
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- Your Greatest Wealth Building Asset
- 5 Dividend Stocks For The Ultimate In Deferred Gratification
- The Most Important Thing To Consider When Selecting A Dividend Stock
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