2 High-Yield Dividend Stocks to Buy on the Dip

Income-seeking investors tend to be drawn to high dividend yields. The higher the yield, the better a dividend becomes at generating Income that can fund an investor's spending as well as beat inflation. A high yield from the dividend of a great company is highly sought after.

But not all dividend yields are high for good reasons. A rising yield can also be an indication of a falling stock price and an unhealthy business. The chance of a dividend cut tends to grow in relation to the rise in the yield.

There are plenty of stocks with competitive dividend yields worth serious consideration for investors. But they aren't always obvious at first glance. For instance, (NYSE: PFE) and Gilead Sciences (NASDAQ: GILD), are two dividend payers whose stocks have lagged the market recently. Here's why these two high-yield dividend stocks are worth buying on the dip.

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Source Fool.com