Buy These 5 High-Yield Dividend Stocks to Create an Inflation-Crushing Portfolio

There are hundreds of dividend stocks that yield 3% or more, but not all of them are well positioned to thrive while inflation is at a four-decade high. On the other hand, some excellent high-yielders are in great shape to weather the storm, and some could even be long-term beneficiaries of rising prices.

I won't keep you in suspense. Here are five dividend stocks that pay excellent yields and are in a strong position to thrive in an inflationary environment.

Bank of America (NYSE: BAC) is trading for roughly 40% below its recent high and for just over its book value. And to be fair, banks tend to see loan volumes decline and defaults trend upward during tough economies.

Continue reading

Source Fool.com