2 Ultra-High-Yield Dividend Stocks to Buy Now
Investors looking for stocks of solid companies that have high dividend yields have plenty of great choices in 2024. Several stalwarts are experiencing weak sales trends over a cautious consumer spending environment. This has sent share prices down and dividend yields up.
Shares of Kraft Heinz (NASDAQ: KHC) and (NYSE: UPS) currently pay yields that are three times the S 500 index's average. Here's why investors can expect these stocks to maintain their dividend payments and potentially deliver great returns over the long term.
Kraft Heinz is a profitable business that benefits from owning several top brands, including Velveeta, Maxwell House, and its namesake Kraft and H.J. Heinz brands. Warren Buffett's Berkshire Hathaway owns 27% of the shares outstanding, which puts shareholders in good company here.
Source Fool.com
United Parcel Service Inc. Stock
With 19 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 157 € shows a positive potential of 36.52% compared to the current price of 115.0 € for United Parcel Service Inc..
