Core Viewpoint - The article highlights the attractiveness of high-yield dividend stocks, particularly during market downturns, as they provide income and potential for share-price appreciation [1][2]. Group 1: United Parcel Service (UPS) - United Parcel Service (UPS) currently offers a dividend yield of 7.8%, with shares down approximately 33% year-to-date as of September 22 [4]. - The company has faced challenges post-COVID-19, including a decline in business and reduced contracts with Amazon [5]. - There are indications of a turnaround, with CEO Carol Tomé expressing confidence in strategic initiatives aimed at improving long-term financial performance [6]. Group 2: Pfizer - Pfizer has a dividend yield of 7.2% and has experienced an 8% decline in share price over the past year [7]. - The company is navigating a post-pandemic landscape with ongoing sales of its COVID-19 vaccine and treatments, while also focusing on a robust pipeline of over 50 drug programs [8]. - Despite potential risks in the U.S. healthcare environment, Pfizer's shares appear undervalued with a forward P/E ratio of 7.7, below its five-year average [8]. Group 3: Altria Group - Altria Group offers a dividend yield of 6.5%, with a total annual payout recently at $4.12 per share, up from $3 in 2018 [9]. - The company faces challenges from declining smoking rates in the U.S. but is investing in smokeless products to offset cigarette losses [9]. - Altria's shares are considered fairly valued to somewhat overvalued, with a forward P/E ratio of 11.6, slightly above its five-year average [9].
3 High-Yielding Dividend Stocks to Buy and Hold for the Long Haul -- Including United Parcel Service (UPS) and Pfizer