Beauty is in the eye of the beholder. So is how much a dividend yield needs to be to qualify as an "ultra-high" yield. The bar I use for the latter is 4 times the current dividend yield of the S&P 500. That translates to a threshold of roughly 6.2% right now. But some stocks that make the cut are much better than others. Here are my three favorite ultra-high-yield dividend stocks to buy right now (listed by descending yield).
If you're looking for exceptionally high yields, you'll want to check out these picks. Energy Transfer offers a high yield, solid business, and attractive valuation. Cohen & Steers Infrastructure Fund should have a long-term tailwind at its back. Enterprise Products Partners checks off the same boxes as Energy Transfer and has an impressive streak of distribution increases.
Source: Motley Fool
Related Articles:
My 3 Favorite Ultra-High-Yield Dividend Stocks to Buy Right Now
Posted by D4L | Monday, July 31, 2023 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
GameStop (NYSE:GME) lost about 40% of its market value over the past three years, as rising digital downloads and declining mall traffic thr...
-
In a capitalistic society, opportunities to generate (mostly) passive income are all around us. Dividend growth investing is one of the most...
-
These elite income producers have rallied this year. Their brilliance at producing passive income seems to have caught the market's eye ...
-
While optimism in the broader market remains robust – particularly for hyped-up sectors like technology – investors may still want to consid...
-
Buying dividend stocks can be tricky. Oftentimes, stocks that pay exorbitantly high dividends have underlying financial problems, and their ...
-
If you are looking for reliable dividends, these three Dividend Kings should be right up your alley. Dividends are paid at the discretion of...
-
Since the market highs in July, stocks have been under considerable pressure. Indeed, 10-year Treasury yields are at the highest level since...
-
A strong dividend investing strategy may be to focus on high-quality names that score well on several dividend-related metrics. In other wor...
-
These investments take advantage of the potential for growth in the share price and dividend yield. Yet, when it comes to undervalued compan...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.