The American economy is like a shark: it needs to keep swimming, to keep spending to maintain, in a way, the façade of the exceptionalism of capitalism. But this aggressive incentivization for constant spending has consequences. Those consequences are exactly why high-yield dividend stocks are so attractive today. When you emphasize spending over saving, the financial benefit of prudence declines. Fortunately, that’s where high-yield dividend stocks come in — they plug the gap.
While the market is still very much in speculation mode, there are solid opportunities — or those that the crowd ignores — that will help you bring some healthy income to your portfolio. Heaven knows that you’re not going to get your passive income from government bonds. Therefore, here are the high-yield dividend stocks to look into: Walgreens Boots Alliance (NASDAQ:WBA), Prudential Financial (NYSE:PRU), LyondellBasell Industries (NYSE:LYB), IBM (NYSE:IBM), GlaxoSmithKline (NYSE:GSK), LTC Properties (NYSE:LTC) and Altria Group (NYSE:MO).
Source: InvestorPlace
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Posted by D4L | Thursday, September 02, 2021 | ArticleLinks | 0 comments »________________________________________________________________
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