Dividends4Life: 3 Top Dividend Stocks That Yield About 4% Or More

3 Top Dividend Stocks That Yield About 4% Or More

Posted by D4L | Friday, September 04, 2020 | | 0 comments »

Dividend stocks have fallen out of fashion during the pandemic. With interest rates at rock-bottom levels, investors have fled from assets like bonds into stocks, lifting their valuations. At the same time, the impact of the crisis on consumer spending and the overall economy has juiced tech stocks, which are well-suited to surging trends like remote work and e-commerce, but which generally don't pay dividends.

Meanwhile, a significant number of struggling companies have been forced to cut or suspend their quarterly payouts, and sectors like energy and financials that are well-known for paying generous dividends have been among those hit harder by the crisis. However, there are still some solid dividend stocks out there for investors looking for steady income streams -- among them, Brookfield Renewable Partners (NYSE:BEP), Altria (NYSE:MO), and Innovative Industrial Properties (NYSE:IIPR).

Source: Motley Fool

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