If you are looking for stocks with the highest yields, look no further! First, I would make it clear that the stocks in this list are not necessarily the ones with the “highest yields.” For example, if you screen for dividend stocks with only the yield in mind, you will find lots of stocks with triple-digit yields. The drawback is that they are all unsustainable, and you are unlikely to profit from them. If it looks too good to be true, it probably is.
That is why you should always keep the payout ratio in mind and look at the broader picture. A business needs to have a sustainable payout ratio and sustainable profitability. These are the only dividend stocks worth holding in the long run.
With that in mind, we’ll be looking at seven of the highest dividend yield stocks — but sustainable.
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