3 High-Yielding Dividend Stocks to Buy on the Dip
If a dividend stock has fallen in value, it gives investors an opportunity to lock in a higher dividend yield while potentially positioning themselves for a larger profit down the road if it recovers. That doesn't always happen, but if you stick with quality, profitable businesses, it's a very real possibility.
Three terrific options for investors today, whether you're focused on the future or sheer dividend income, are Pfizer (NYSE: PFE), Seagate Technology (NYSE: STX), and Big Lots (NYSE: BIG). They have all been declining this year but are also paying well above the S&P 500 dividend yield, which is less than 1.4%.
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Source Fool.com
