3 Ultra-High-Yield Dividend Stocks to Buy in October
There's usually a bright side to any bad story. We're definitely seeing a bad story unfold this year with the major stock indexes in a bear market. However, the good news amid all the negatives is that investors can find great stocks with especially attractive dividend yields. Here are three ultra-high-yield dividend stocks to buy in October.
Medical Properties Trust (NYSE: MPW) (MPT) offers a sky-high dividend yield of nearly 9.3%. The hospital real estate investment trust (REIT) has increased its dividend for eight consecutive years. MPT appears to be in a good position to keep this streak going with a dividend payout ratio of 57%.
MPT's dividend yield has always been relatively high. However, it's in the stratosphere these days mainly because the REIT stock has plummeted around 50% so far this year.
Source Fool.com
