3 High-Yield Dividend Stocks to Buy Now and Hold for the Next Decade
There's no official definition of a high-yield dividend stock. That said, most investors agree that a yield above the S 500 index average and the 10-year U.S. Treasury note is an important feature.
With the 10-year note offering a 3.7% yield and the average dividend-paying stock in the S 500 offering just 1.6%, these three stocks are way above average.
In addition to a high yield up front, there's a good chance these dividend payers can keep raising their payouts. Here's how buying them now and holding on for the long run could funnel heaps of passive income into your brokerage account.
Source Fool.com
