3 Stocks to Buy with Dividends Yielding More than 4%
The market is pretty volatile today, falling into bear territory within weeks and then roaring back in just a few days. And if history is any guide, the turbulence isn't over.
That could be a good thing for long-term investors with a dividend focus. In uncertain times, intrepid investors can find some pretty good deals. Today you might want to look at International Business Machines (NYSE: IBM), Southern Company (NYSE: SO), and W.P. Carey (NYSE: WPC). All three are yielding more than 4% today, and each appears well positioned to prosper over the long term.
IBM has been working to shift its giant business into growth mode for around a decade. It hasn't been easy, requiring legacy businesses (like building computers) to be jettisoned and new ones (like cloud computing, artificial intelligence, and quantum computing) to be created. Revenue has been in a general downtrend, and investors have taken a dim view of the progress being made.
Source Fool.com