3 High-Yield Dividend Stocks That Are Screaming Buys in October
Dominion Energy(D) The Motley Fool·2024-10-03 09:30
These high-yield, low-risk dividend stocks stand out with potential rate cuts on the way. Income-focused investors have had it pretty good for the past couple of years. Elevated interest rates made it easier to find passive income from places like high-yield savings accounts. However, the Federal Reserve recently announced a 50 basis point cut to the federal funds rate, the economy's benchmark interest rate. Additional rate cuts are likely over the next year or so. If interest rates fall far enough, it coul ...