Following a crazy year, consider these sturdy high-yielding companies to invest in for some stability
It’s been a volatile year for investors in general. And
nowhere has that been more true than in high yield dividend stocks.
In March and April, there was a massive number of companies
that slashed or entirely suspended their dividends. This year has been a period
of devastation for income-focused investors, particularly in sectors like real
estate investment trusts (REITs). And while things have gotten better since
this spring, we’re still seeing more dividend cuts and profit warnings even
now.
That makes stock selection of the utmost importance. So,
which current high-yield dividend stocks will be able to make it through the
current downturn and come out stronger on the other side?
When looking for dividends of 5% a year or greater, you’re
going to have to sort through a lot of value traps and low-quality companies.
Fortunately, though, these seven companies have what it to takes to prosper as
the economy comes back to life. Here are seven high yield companies to invest
in now:
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