2 Ultra-High-Yield Dividend Stocks I'd Buy Without Hesitation
I've learned the hard way that higher-yielding dividend stocks can be higher risk. These companies typically pay out a large percentage of their cash to investors via dividends. That leaves less room for error if market conditions deteriorate, potentially forcing them to reduce their lucrative payouts.
However, not all high-dividend stocks have high-risk profiles. I would buy Enterprise Products Partners (NYSE: EPD) and Verizon (NYSE: VZ) without hesitation. Here's why their big-time dividends are relatively low risk.
Enterprise Products Partners currently offers a 7.5% yield. That's many multiples above the 1.6% dividend yield of the S&P 500.
Source Fool.com