Many investors set aside a portion of their portfolios for income stocks -- those that pay a consistent dividend. This is a particularly good strategy in retirement, for extra cash, or to offset losses when the stock market turns south. It can be tempting to look for the highest possible dividend yield (a company's annual dividend expressed as a percentage of the stock price).
The S&P 500 currently yields about 1.5%, so if you want more income than that, you'll have to do some searching. Finding yields as high as 5% is even more difficult, as only a small percentage of stocks pay out yields that high. And not all of those are worth it -- a high yield can be a warning sign that a company is paying out too much of its earnings to shareholders, leaving itself vulnerable in hard times. But dividend stocks that can sustain their high yields do exist. Here are two: Camping World Holdings (NYSE:CWH) and OneMain Holdings (NYSE:OMF).
Source: Motley Fool
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2 Stocks to Buy With Dividends Yielding More Than 5%
Posted by D4L | Wednesday, October 06, 2021 | ArticleLinks | 0 comments »________________________________________________________________
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