3 High-Yield Dividend Stocks That Can Earn You Bundles of Cash
Based on the prices and dividends at the time of this writing, the average dividend yield of shares in Vitesse Energy (NYSE: VTS), the JPMorgan Equity Premium Income ETF (NYSEMKT: JEPI), and (NYSE: WHR) is 7.8%. All three are attractive, but all contain risk. Before adding these three stocks to a high-yield portfolio, here's what you need to know.
Vitesse is an oil and gas exploration and production company with a difference. Instead of owning and operating assets, it focuses on investing in minority working interests in assets produced by other leading companies. In addition, management follows a discretionary strategy of hedging some of its oil production to protect the downside risk of a fall in the price of oil.
It's an attractive model because it focuses the value creation activity of the company based on what management does best -- acquiring productive interests in oil wells and then generating cash flows from oil and gas production.
Source Fool.com
Whirlpool Corp. Stock
Our community is currently low on Whirlpool Corp. with 3 Buy predictions and 5 Sell predictions.
With a target price of 81 € there is a slightly negative potential of -7.66% for Whirlpool Corp. compared to the current price of 87.72 €.
