2 S&P 500 Dividend Stocks With Yields Above 8% That You Can Buy With $100 Right Now

A tobacco company and a pharmacy chain both offer enormous dividend yields, but that doesn't necessarily mean they're right for your portfolio.If you're looking for dividend stocks that can turn a modest investment into a significant source of passive income, you may want to turn your attention to the S&P 500 index. At the moment, a pair of its components, Altria Group (MO -0.02%) and Walgreens Boots Alliance (WBA 1.74%), offer mind-blowing dividend yields of about 8.2% and higher.Stocks rarely offer yields ...