These Ultra-High-Yielding Dividend Stocks Are No Joke

It's good to have a healthy dose of skepticism, especially today on April Fools' Day. If something seems to be too good to be true, it might be a trap trying to get you to fall for a joke. There are a lot of traps in investing. Dividend yield traps are a common one that investors can fall for. You see a high dividend yield on a stock and believe you can make a lot of passive income. More often than not, the joke is on you as the company cuts its payout, and you lose money. However, some big-time dividends a ...