Buying dividend stocks is one of the best decisions investors can make. But many people think that dividend investing means you have to settle for slow-growing, boring stocks that offer dull yields.
Chasing high yield is indeed a fool’s errand and very risky because ultra-high-yield stocks often have problems. The yield spikes as the stock price falls, which may indicate underlying issues, whether with the business or maintaining the payout.
But there are exceptions. As with any investment decision you make, it requires more than just a surface glance at some metric. You need to look more closely at the company and its prospects. Here are three remarkable companies with ultra-high yields that you should be buying hand over fist.
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