If you invest in an S&P 500 index fund, you'll receive a dividend yield in the ballpark of 1.7%. Many of the stocks in the major index pay dividends. Some of them have dividend yields a lot higher than what you can get from an S&P 500 index fund.

The five highest-paying dividend stocks in the S&P 500 offer yields of 6.95% or greater. But should you buy these stocks?

Image source: Getty Images.

Continue reading

Source Fool.com