3 High-Yield Dividend Stocks Paying 5% or More That Are Worth Buying Now
These high-yield stocks have long track records of dividend consistency and growth.
Overview
Many investors often associate high-yield dividend stocks with high risk. This concern makes sense, given how many high yielders end up turning into "yield traps," where a company cuts or suspends dividends, and/or the dividend stays as is, but a drop in the stock price more than counters the steady cash returns.
However, among stocks in this category, a few stand out for their track record of dividend growth. These include Altria Group (NYSE: MO), Realty Income (NYSE: O), and Pfizer (NYSE: PFE). Alongside high yields, each of these blue chip dividend stocks has the potential to generate steady gains in the years ahead, producing strong total returns.
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Source
Originally published at www.fool.com.
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