3 High-Yield Stocks at Rock-Bottom Prices
The problem with looking for stocks with high dividend yields is that those companies are often having a rough time, meaning their dividends -- not to mention their share prices -- are in peril.
If you're going yield shopping, you can find good deals by searching for companies that have good dividends and a strong financial position, but whose share prices are down.
Euronav (NYSE: EURN), TFS Financial (NASDAQ: TFSL), and Genuine Parts Company (NYSE: GPC) all have high yields on their dividends and a depressed share price. I like all three because while they are in industries that have been hit hard this year, these companies are performing better than their industry peers, meaning their share prices may be due for an upward correction. This gives dividend investors a great opportunity.
Source Fool.com
