3 Top Stocks With High Dividend Yields
When you're chasing stocks with high dividend yields, you're ideally looking for stocks with yields above those of the S&P 500 or a typical income benchmark like the U.S. Treasury Note. But to build wealth, it's important that you don't just run after the yield, but ensure that the stocks are in a position to maintain or even grow their yield in the long term.
You can find plenty of such high-yield dividend stocks even in the present volatile market only if you know where to look. Right now, I have my eyes set on three such top stocks for their high yields.
Utility stocks are known for their generous dividends, but that aside, there's a lot happening at PPL Corporation (NYSE: PPL) that makes it an intriguing stock right now. With a dividend yield of 5.8%, PPL currently offers one of the highest yields among dividend-paying utility stocks. The company has paid a dividend every quarter since 1946 and has grown it regularly, especially in the past decade.
Source Fool.com
