5 Ultra-High-Yield Dividend Stocks That Can Help You Crush Inflation
A dollar simply doesn't go as far as it used to. Last week, the U.S. Bureau of Labor Statistics announced that inflation had risen 7.5% from the prior-year period (as of January 2022), marking the heftiest increase for the price of a predetermined basket of goods and services since 1982!
While high inflation typically forces consumers to open their wallets a bit wider, it doesn't have to impact their portfolios. Relying on profitable, time-tested dividend stocks can often be a smart hedge against rapidly rising prices.
Although ultra-high-yield dividend stocks (those I'm arbitrarily defining as having yields of 7% or above) require a lot of extra vetting to avoid buying a yield trap, the following five ultra-high-yield income stocks have all the tools necessary to help you crush inflation.
Source Fool.com
