Billionaires Are Buying These 2 Ultra-High-Yield Dividend Stocks Hand Over Fist. Are They Smart Buys for Your Portfolio?
Billionaire investors generally don't necessarily need dividend income to make ends meet. They buy dividend-paying stocks because they know that companies committed to returning a portion of earnings to shareholders tend to outperform ones that don't.
In the first three months of the year, billionaire hedge fund managers bought millions of shares of (NYSE: PFE) and AT (NYSE: T).
Both of these dividend payers offer mouthwatering yields near 6% at recent prices. Here's a look at how they could maintain their quarterly payouts over the long run. Let's see if they're right for everyday investors, too.
Source Fool.com
Pfizer Inc. Stock
€27.21
-1.310%
With 29 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 hugely positive potential of 50.71% for Pfizer Inc. compared to the current price of 27.21 €.
