2 Ultra-High-Yield Dividend Stocks to Buy in August and Hold at Least a Decade

With an average yield above 7% at recent prices, these stocks could give your passive income stream a big boost.Whether you're interested in outperforming the broad market or producing a passive income stream, dividend-paying stocks are what you want in your portfolio.Nearly everyone knows that dividend payers deliver quarterly payouts, but that's not all they're good for. It's a well-documented fact that companies committed to distributing their profits usually outperform companies that don't have a divide ...