2 Ultra-High-Yield Dividend Stocks to Skip, and 1 You Should Buy for Income
High-yield dividend stocks are alluring if you like to collect dividend income. In theory, the higher a stock's dividend yield, the more income you can generate from every dollar you invest. The reality is that higher-yielding dividend stocks often have higher risk profiles. When it comes to high yields, Ford (NYSE: F), UPS (NYSE: UPS), and Enbridge (NYSE: ENB) certainly look enticing. Their payouts range from nearly 6% for Ford and Enbridge to almost 7% for UPS. That's significantly higher than the S&P 500's sub-1.5% dividend yield. However, only Enbridge offers a very bankable income stream. That's why you should buy the energy stock to earn income while skipping the high-yield payouts of Ford and UPS.Continue reading
High-yield dividend stocks are alluring if you like to collect dividend income. In theory, the higher a stock's dividend yield, the more income you can generate from every dollar you invest. The reality is that higher-yielding dividend stocks often have higher risk profiles.
When it comes to high yields, Ford (NYSE: F), UPS (NYSE: UPS), and Enbridge (NYSE: ENB) certainly look enticing. Their payouts range from nearly 6% for Ford and Enbridge to almost 7% for UPS. That's significantly higher than the S&P 500's sub-1.5% dividend yield.
However, only Enbridge offers a very bankable income stream. That's why you should buy the energy stock to earn income while skipping the high-yield payouts of Ford and UPS.
