These Are the 3 Best Ultra-High-Yield Dividend Stocks to Buy Right Now
You can easily find high-quality dividend stocks to buy. However, the task becomes more difficult when you narrow your search down to only stocks that pay ultra-high dividend yields. By the way, my definition of an "ultra-high" yield is one that's at least 4x the yield of the S 500, which currently puts the threshold at around 5.8%.
But it's not impossible to find great stocks that clear the demanding hurdle. These are the three best ultra-high-yield dividend stocks to buy right now, in my opinion (listed by descending yield).
Business development companies (BDCs) often pay attractive dividends. They must return at least 90% of their taxable income to shareholders in the form of dividends. I think that Ares Capital (NASDAQ: ARCC) ranks as the top BDC around.
Source Fool.com
