3 Stocks to Buy With Dividends Yielding More than 6%

Are you looking for some top dividend stocks that pay more than 6% per year? You likely know how hard of a battle it is to find stocks that not only pay that high of a rate but that are also likely to continue doing so. Many companies are struggling amid the coronavirus pandemic and have cut or suspended their payouts this year. Meanwhile, the stocks that are doing well are likely trading near their highs for the year, pushing their yields down in the process.

It's not easy to find 6% yields that are safe. However, three stocks that pay that much and that are still good buys include National Health Investors (NYSE: NHI)BCE (NYSE: BCE), and H&R Block (NYSE: HRB). Although the stocks are all in negative territory this year, they could be attractive contrarian buys heading into 2021.

Image source: Getty Images.

Continue reading


Source Fool.com