2 High-Yield Dividend Stocks That Are Trading Near Their 52-Week Lows
When dividend stocks go on sale, it can be an opportunity for investors to lock in a higher-than-normal yield. The dividend yield, of course is a function of both quarterly payments and the share price; when the latter falls, the yield goes up.
A couple of already high-yielding stocks that are paying more than the S&P 500 average of 1.3% and have fallen near their 52-week lows are Gilead Sciences (NASDAQ: GILD) and 3M (NYSE: MMM). Here's why despite recent investor bearishness, these could be solid additions to your portfolios today.
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Source Fool.com