The higher the yield, the more skeptical you should be. That's usually a pretty good maxim to follow. Stocks with especially high dividend yields often have underlying issues that you need to check out before buying. However, as is the case with many maxims, this one isn't always applicable. There are exceptions. Here are three ultra-high-yield dividend stocks you can buy in June without any hesitation.
Ares Capital (ARCC) is a business development company (BDC) that provides financing to middle-market businesses. It offers a sky-high dividend yield of nearly 10.2%. Enterprise Products Partners (EPD 0.47%) is a midstream energy company with assets including more than 50,000 miles of pipeline. The company calls its dividend a distribution because Enterprise is a limited partnership (LP). And its distribution is highly attractive with a yield of over 7.7%. Verizon Communications (VZ) is no doubt the most familiar name among these three stocks. The telecommunications giant provides wireless services to millions of customers. It also offers an ultra-high dividend yield of 7.5%.
Source: Motley Fool
Related Articles:
________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.