May 1, 2023

7 High-Yield Dividend Stocks to Buy and Hold Forever


In a stagnant market investors should look for high-yield dividend stocks to buy now 

 




The major indices have been trading in a broad range for over a year. This is frustrating for bulls and bears alike. And it serves as a reminder that markets aren’t rational. It has also initiated a flight to quality, which makes it a good time to look for high-yield dividend stocks to buy now.


Dividend stocks deserve a place in any investor’s portfolio. Income-oriented investors benefit from receiving regular, and ideally growing, dividend payments every quarter. There are some dividend stocks that pay monthly. And dividend stocks with consistent growth can be an effective hedge against inflation and boost an investor’s total return. Generally speaking, high-yield dividend stocks combine a growing dividend with consistent stock price growth over time.


The definition of a high-yield dividend stock depends on a variety of factors. But for the purpose of this article, I was looking for stocks that had a dividend yield of over 2%. That puts all of these high-yield dividend stocks to buy now close to or above the average 2.1% dividend yield of the S&P 500 Index.



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