Hold Your Nose and Buy These High-Yield Dividend Stocks While They're Down
3M (NYSE: MMM), Walgreens Alliance Boots (NASDAQ: WBA), and (NYSE: VZ) currently offer big-time dividends that yield more than 6%. That's several times higher than the market's average (the S 500's dividend yield is 1.6%).
There are good reasons for their high dividend yields. While they're all well-known and successful companies, they're currently facing some stiff headwinds. These issues have weighed on their earnings and share prices, pushing up their dividend yields.
Despite their issues, however, their big-time dividends seem safe. Because of that, yield-hungry income investors should consider holding their noses and buying these big-time dividend stocks.
Source Fool.com
Verizon Communications Inc. Stock
€36.94
0.270%
The stock is one of the favorites of our community with 23 Buy predictions and 1 Sell predictions.
With a target price of 42 € there is a slightly positive potential of 13.7% for Verizon Communications Inc. compared to the current price of 36.94 €.
