Not every high-yield stock is worth owning, a fact that income-focused investors often learn the hard way, via a dividend cut, when they first start their investing journey. You have to balance a company's business, financial health, and prospects against the yield to decide if it is worth owning.
More times than not, the math won't work out in favor of a buy. That said, three stocks that look like dividend buys today are Nucor (NYSE:NUE), Eaton (NYSE:ETN), and Enterprise Products Partners (NYSE:EPD). Here's what you need to know about these 3%-plus-yielding names.
Source: Motley Fool
3 Stocks to Buy With Dividends Yielding More Than 3%
Not every high-yield stock is worth owning, a fact that income-focused investors often learn the hard way, via a dividend cut, when they first start their investing journey.
Disclosure:
I have no business relationship with any company whose stock is mentioned in this article.
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