Which Hyper-Yield Stock Should Retirees Trust With Their Money? Altria Group's 9.5% Yield or AT&T's 6.6%?
Retirees and other income-focused investors must wade through an ocean of dividend stocks to find high-yield investments that can afford their lofty payout. The market won't pay as much for a stock with a suspect dividend. The lower share price creates a higher yield.
But some stocks, like Altria Group (NYSE: MO) and AT (NYSE: T), are household high-yielders known for their commitment to paying shareholders. The question today is: Which one can you trust with your money?
That doesn't necessarily mean one is in danger of cutting its dividend. Still, one offers more peace of mind and total returns upside.
Source Fool.com