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2 High-Yield Dividend Stocks to Buy Now and Hold for a Decade or Longer

TheMotleyFool

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2 High-Yield Dividend Stocks to Buy Now and Hold for a Decade or Longer: https://g.foolcdn.com/editorial/images/751708/stock-market-trader-at-home-getty.jpg

These days, finding dividend payers that offer eye-popping yields is as easy as clicking the sort button on your favorite stock screener. Unfortunately, the vast majority of stocks that float to the top have underlying issues that could prevent them from maintaining their payouts.

In one way or another, interest rates that rose sharply are pressuring shares of AT (NYSE: T) and Ally Financial (NYSE: ALLY). The stocks are down about 25% and 32%, respectively, from peaks they set earlier this year.

Image source: Getty Images.

Source Fool.com