3 High-Yield Dividend Stocks for Daring Investors

Income investors always face a dilemma when looking for the perfect dividend stock: They want the most possible income with the least possible risk. Usually this means hovering in the middle or caving in to the safety of a smaller yield.

However, the most daring investors stare risk square in the eye and go after high-yielding dividend stocks. There's no question that weeding out the potential bad apples among high-yield stocks (those typically yielding over 4%) is tedious, but the income rewards can be well worth it.

We asked three of our Foolish investors to name a high-yield dividend stock that the most daring of income investors should consider. They chose mortgage real estate investment trust Annaly Capital Management (NYSE: NLY), retail giant Target (NYSE: TGT), and domestic automaker General Motors (NYSE: GM).

Source: Fool.com