06.10.2024 16:45:00
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3 High-Yield Dividend Stocks That Are Screaming Buys Right Now
The Federal Reserve's pivot to lower interest rates will have ripple effects throughout the economy and send investors looking for passive income to new places. As yields fall in vehicles like high-yield savings accounts, investors could turn to high-quality, high-yield dividend stocks. Consumer spending and healthcare are two pillars of the U.S. economy, and great places to look for such stocks.I've identified three stocks with generous yields and the financials to afford their payouts. These companies also boast durable business models that should thrive through recessions, giving income-focused investors peace of mind.Pharmaceutical giant Pfizer (NYSE: PFE) was a big winner during COVID-19's height due to its vaccine and treatment products, which created a temporary growth wave. However, the tide has gone out over the past couple of years, and the stock has plunged to multi-year lows as revenue and earnings contract.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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