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3 Dividend Stocks Yielding 20% (Or More!)

In the investing world, top high-yielding dividend stocks can offer robust income streams, potentially acting as strong pillars for conservative investors looking to meet their financial milestones. However, the waters can get murky when you delve into the territory of dividend stocks yielding 20% or more. High yields often emerge from companies grappling with inherent weaknesses or structural problems that can jeopardize the sustainability of their dividends. Therefore, investing in high-yield dividend stocks calls for prudence.

When done right, adding a sprinkle of high-yield dividend stocks can act as a cushion against inflation while enhancing total returns. These high-yield dividend stocks could serve as lifeboats in turbulent market waters, allowing your wealth to grow steadily over time.

This post appeared first on InvestorPlace.