Are These 3 Cheap Dividend Stocks With High Yields Too Good to Be True?
When dividend stocks crash in value, that sends their yields up in the opposite direction. But there can be danger for investors who load up on a stock just because its yield is high.
Before buying shares of a high-yielding company, investors should take a quick look to see why the stock is underperforming, and why the yield is so high. That can avoid a lot of headaches and regrets later on.
Three dividend stocks that look cheap right now are (NYSE: PFE), Enbridge (NYSE: ENB), and AT (NYSE: T). They have all been struggling this year, and their yields are now well above 5%. Let's look at why these payouts are so high and whether you should consider investing in any of these stocks today.
Source Fool.com
Pfizer Inc. Stock
€28.43
0.280%
With 28 Buy predictions and 4 Sell predictions Pfizer Inc. is one of the favorites of our community.
With a target price of 41 € there is a positive potential of 44.24% for Pfizer Inc. compared to the current price of 28.43 €.
