Fewer and Fewer S&P 500 Stocks Yield Over 4%. Here's My Top Pick to Buy Now.
This beauty yields 5.5% at the moment.
Overview
Although the U.S. stock market has experienced numerous valleys alongside peaks in years past, for the most part, it's been on a long upward trajectory. That's wonderful for stock prices, but not really great for dividend yields (which decline when the dividend payer's share price rises). So stock yields above 4% are becoming rare these days.
There is one issuer that not only doles out a dividend well above that threshold, but it also does so far more regularly than almost all of its peers. And it might not be in a sector some would expect.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.