When a stock offers a high dividend yield, investors should perform their due diligence before purchasing the stock. Otherwise, they run the risk of incurring a dividend cut. Therefore, investors should be selective when it comes to high dividend stocks.
The three stocks we want to talk about today all have high yields and sustainable dividends, thanks to their unique competitive advantages and reasonable payout ratios. The high yielders that we believe have secure dividend payouts are: Altria Group (NYSE:MO), AbbVie Inc. (NYSE:ABBV)
Enbridge Inc. (NYSE:ENB)
Source: InvestorPlace
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