Beware the dangers lurking for these high-yield dividend stocks
There’s usually a good reason for a high-yielding investment, and you should approach every chunky yield with skepticism. With interest rates as low as they are right now, a hefty payout should be a red flag instead of a dinner bell.
Big yields often translate into big problems. The payouts for these two stocks are tempting, but there is more to these companies than meets the eye. Don’t let these household names lull you into thinking these payouts will continuously be growing. Danger lurks in both of these iconic stocks.
This isn’t your everyday stock, but that’s why it has so much potential!
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If you only have time for one reason, read No. 5 first.
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The energy transition will take decades, suggesting that these companies will have plenty of fuel to keep paying dividends.
It’s never too late to start saving,
Gordon Fox
P.S.
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