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
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