2 Top Dividend Stocks That Are Yielding More Than 3%

Finding a good dividend stock isn't as simple as just looking for the highest yields. There are stocks that pay 10% or more, but those payouts may not necessarily be sustainable over a long period. A safer approach is to find a good balance of a high yield without too much risk. And with the stock market still scorching hot and at record levels, that has pushed yields down; the average S&P 500 stock pays just 1.3%.

Two investments that can generate more than double that recurring income are Gilead Sciences (NASDAQ: GILD) and Kraft Heinz (NASDAQ: KHC). Their payouts currently stand at more than 3% and offer investors a great mix of stability and recurring income.

Source: NASDAQ

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