The Smartest High-Yield Stocks to Buy With $1,000 Right Now
If you're a dividend investor and have $1,000 to invest, it can be pretty depressing right now. The reason is that the S&P 500 index has an itty-bitty yield of 1.2% today. This suggests that the market is expensive and, in turn, it could be hard to find attractive dividend stocks. Don't give up -- there are smart high-yield stocks out there. Here are two attractive options.Brookfield Asset Management (NYSE: BAM) has an attractive 3.2% dividend yield. But a yield that's well over twice the size of the market's yield isn't actually the big attraction here. The reason to buy this Canadian asset manager is its dividend growth. The dividend was just increased 15%, and the company believes that it can keep that pace up through the end of the decade.Image source: Getty Images.Continue reading
If you're a dividend investor and have $1,000 to invest, it can be pretty depressing right now. The reason is that the S&P 500 index has an itty-bitty yield of 1.2% today. This suggests that the market is expensive and, in turn, it could be hard to find attractive dividend stocks. Don't give up -- there are smart high-yield stocks out there. Here are two attractive options.
Brookfield Asset Management (NYSE: BAM) has an attractive 3.2% dividend yield. But a yield that's well over twice the size of the market's yield isn't actually the big attraction here. The reason to buy this Canadian asset manager is its dividend growth. The dividend was just increased 15%, and the company believes that it can keep that pace up through the end of the decade.
Image source: Getty Images.
