You don’t have to settle for a moderate yield with moderate upside if you like dividend stocks. The following three stocks offer both a high yield and upside potential in the coming years and can greatly outperform the broader market. You can still buy stocks with a lower yield, but it’s worth keeping in mind that even a 4% yield is outclassed by Treasuries that yield over 4.8% while being risk-free.
At the same time, the market is littered with cash-rich companies that are going through a tough period. I argue these dividend stocks are bound to inevitably bounce back once the storm passes. You’ll be able to snag the dividend payouts plus the massive upside once that happens.
This post originally appeared at 24/7 Wall St.