3 Hated Dividend Stocks to Buy Now
High dividend yields are often a sign that investors don't believe a company can continue the dividend payments to investors over the long term. Sometimes an industry has changed for the worst, and other times a company's finances have deteriorated to a point of no return. Whatever the reason, a high dividend yield is sometimes seen as a warning sign for investors.
In the case of three high-dividend yields from AT&T (NYSE: T), MGM Growth Properties (NYSE: MGP), and Simon Property Group (NYSE: SPG), I think the market has gotten it wrong. These stocks are all yielding over 6% and still have a lot going for them over the long term.
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Source Fool.com