You Can Buy All 4 of These Ultra-High Yield Dividend Stocks for Less Than $100
Over the last several months, investors have witnessed some signs of a strengthening economy. The Federal Reserve has been working hard to help bring down inflation, and the capital markets have continued to chug along. The S 500 is up about 14% year to date, while the tech-heavy has an overall return of 29%, fueled by significant gains by Big Tech and its cohorts thanks to artificial intelligence (AI) mania.
Yet even with these generous returns, investors could argue that macroeconomic conditions are still very much up in the air. Inflation has cooled significantly from its summer 2022 peak, but at 3.7% in September, it remains higher than the 2% target of the Fed. Moreover, the Fed's series of interest rate hikes has brought borrowing costs up steadily, which has squeezed the spending of corporations and consumers alike. For these reasons, some investors may not want to be exposed to the volatility of certain stocks or industries, and instead would rather seek steady, predictable growth supplemented by the prospect of passive income.
Each of the companies below has a proven track record of reliability, and each pays a dividend. This could be a great opportunity to initiate positions during an otherwise uncertain economic environment.
Source Fool.com
