3 High-Yield Dividend Stocks to Supercharge Your Passive Income Portfolio
After more than a decade of near-zero interest rates, income investors are faced with a dilemma they haven't had to deal with for a long time. Right now, the average dividend-paying stock in the S&P 500 index offers a 1.7% yield. That's less than half the return you can receive risk-free on cash held in a savings account.
While there are plenty of stocks out there paying above-average yields, they won't help you retire early if they can't continue raising their payouts. All three of these high-yield dividend stocks have a long history of annual payout raises and an ability to raise their distributions without breaking their balance sheets. Here's why they could be excellent options for just about any income-seeking investor.
Shares of AbbVie (NYSE: ABBV) have risen more than 50% from a low point in October. Despite the big run-up, the pharmaceutical stock still offers an attractive 3.6% dividend yield.
Source Fool.com
