3 High-Yield Dividend Stocks to Buy in June and Hold for a Decade or Longer

The major market indexes are way up this year, but not every great stock has participated in the rally. At the moment, there are a handful of beaten-down dividend payers offering ultra-high dividend yields.

A high dividend yield is usually a good sign that a business is in trouble and won't be able to raise its payout much further. These three stocks stand out because they offer huge yields up front, plus there's a good chance that they could raise their payouts further in the years ahead.

Read on to see why adding these stocks to your portfolio in June could result in heaps of passive income by the time you're ready to retire.

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Source Fool.com