Want Safe Dividend Income in 2024 and Beyond? Invest in the Following 3 Ultra-High-Yield Stocks.
Dividends are a great investment strategy for retirees or anyone else looking for passive income that can pay their bills.
But be careful: Chasing sky-high dividend yields is one of the classic mistakes investors often make. Higher yields mean more income for your money, but really high yields are usually a warning sign of trouble within a company. Remember, a dividend is only good if the company can pay it.
Fortunately, some excellent ultra-yield stocks buck this rule. Here are three examples with yields ranging from almost 6% to over 8%. More importantly, you can count on the dividends to keep coming.
Source Fool.com
