Dividend stocks are the best way to build wealth, which is why you should look for ultra-high yield stocks. The asset managers at Hartford Funds looked at the benchmark S&P 500 going all the way back to 1930 and found there hasn’t been a single decade where dividend stocks didn’t produce positive returns. What follows are three reliable ultra-high yield stocks that you should be buying hand over fist...
Dividend stocks have never had a losing decade, even during the so-called “lost decade” of the 2000s. Altria (MO): The tobacco giant commands pricing power in cigarettes and has a runway of growth in e-cigs and marijuana. Enterprise Products Partners (EPD): The midstream energy stock is able to profit no matter the market because of its unique business and long-term contracts.Western Union (WU): The payments company is able to benefit from its extensive experience in cross-border, cross-currency transactions.
Source: InvestorPlace
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3 Extraordinary Ultra-High Yield Stocks to Buy Hand Over Fist
Posted by D4L | Friday, October 06, 2023 | ArticleLinks | 0 comments »________________________________________________________________
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