2 Beaten-Down Dividend Stocks With Ultra-High Yields Above 9%: Are They Bargains Now?
The benchmark S 500 index is up about 16% this year, but that doesn't mean all stocks are rising. Shares of Walgreens Boots Alliance (NASDAQ: WBA) and Medical Properties Trust (NYSE: MPW) are down by more than half over the past 12 months.
After falling a long way, Walgreens offers an eye-popping yield above 9% at recent prices. The yield you could receive from Medical Properties Trust is even higher.
On the one hand, these stocks could deliver huge gains for patient investors by simply maintaining their ultra-high-yield payouts. On the other hand, unfortunately, their prices wouldn't be under so much pressure if investors felt confident about their profitability.
Source Fool.com