3 High-Yielding Dividend Stocks You Can Buy and Forget

A safe and high-yielding dividend stock can make for a great investment to hang on to for years. It can not only boost your overall returns, but can also give you some money to spend, which can help you resist the urge to sell an investment just to free up some cash.

The S&P 500's dividend yield is less than 1.4% today. Merck & Co. (NYSE: MRK), Royal Bank of Canada (NYSE: RY), and Intel (NASDAQ: INTC) all pay more than double that amount. In addition to their high payouts, their underlying business are also sound and incredibly profitable.

Image source: Getty Images.

Continue reading

Source Fool.com