3 High-Yield Stocks That Look Extremely Safe
With the stock market moving closer to all-time highs, a lot of investors are still looking for stable, safe investments. Ones that also reward shareholders with a large, high-yield dividend are even more attractive. Sadly, high-yield stocks are often yield traps, or troubled businesses that aren't able to maintain their payouts, setting stock buyers up for more bad days ahead.
But that's not always the case. If you know where to look, there are still plenty of high-quality companies that have a high dividend yield and the cash flows to back it up. We recently asked three Fool.com contributors for their top stocks for high yields and relative safety, and they came back with W.P. Carey (NYSE: WPC), Prudential Financial (NYSE: PRU), and Enterprise Products Partners (NYSE: EPD). Keep reading to learn why.
Eric Volkman (W.P. Carey): Veteran real estate investment trust (REIT) W.P. Carey is currently celebrating its 50th anniversary. It's a business that has been returning money to its shareholders at generous levels since 1998. Its quarterly dividend is nothing to sneeze at, tipping the scales at a 5.9% yield.
Source Fool.com
