Wall Street has been making investors richer for more than a century. Thanks to thousands of publicly traded companies and exchange-traded funds, there’s a strategy that can fit any investment style and risk tolerance. But when push comes to shove, buying and holding dividend stocks is an investment plan that’s tough to beat.
What can make dividend investing challenging is the desire to maximize yield while also minimizing risk. Statistically speaking, the higher the yield, usually the more inherent risk. Thankfully, proper vetting can unveil some true gems with ultra-high yields — i.e., yields that are four or more times greater than the benchmark S&P 500.
What follows are three magnificent ultra-high-yield dividend stocks — sporting an average yield of 8.84% — that are screaming buys in March.
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