3 High-Yield Stocks at Rock-Bottom Prices
If finding a top dividend stock were as easy as just looking at the yield, we'd all be rich. There are always a bunch of high yielders trading on the stock market -- some at bargain-basement prices!
But just looking at the yield isn't enough for income investors. Sometimes that yield is so high because the share price has fallen. Other times, it's a sign that investors aren't willing to pay a premium price for that yield because the company is a risky bet.
Three big yielders right now in the energy sector include Vermilion Energy (NYSE: VET), Targa Resources (NYSE: TRGP), and Noble Midstream Partners (NYSE: NBLX). Even better, they're all trading at a discount to their year-ago prices. But let's look a little closer to see if those yields -- and the companies behind them -- are safe enough, or if investors would be better off steering clear.
Source Fool.com