3 Top Stocks With High Dividend Yields
Picking a high-paying dividend stock to buy is easy. The hard part is finding an income investment where the dividend isn't at risk, that isn't a value trap about to plummet in share price, or that's overvalued. Verizon Communications (NYSE: VZ), AbbVie (NYSE: ABBV), and B&G Foods (NYSE: BGS) all have safe and reliable dividends that pay 4% or more. These three stocks also pass the test of having a conservative payout ratio, which is the percentage of net income the company pays out to shareholders in the form of dividends.
Shares of Verizon and AbbVie are both down more than 3% year to date, while B&G has seen its shares climb more than 47%. However, Verizon is the only one of the three with declining revenue, due to its sales being the most affected by the coronavirus pandemic.
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Source Fool.com
