Yes, high-yield dividend stocks are plentiful. But if you only focus on the yield and not on other metrics such as sustainability, you could end up losing badly. It’s just like seeking out capital gains. Sure, the small-capitalization play may seem like a hot wager. However, diminutive firms tend to be volatile. In other words, high profit potential usually accompanies high levels of unpredictability.
Still, with thousands of publicly traded opportunities available, there are compelling hidden gems that occasionally sprout up. We’re talking about companies that offer high yields – more than 7% — and yet are tied to relevant businesses. If you’re ready to take the risk, here are three high-yield dividend stocks to consider.
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