These 3 Stocks Pay More Than 6%. Are Their Dividend Yields Too Good to Be True?

Dividend stocks can be great income-producing investments, but chasing high yields can sometimes leave you exposed to considerable risk.Did you know that if you have a reliable income stock that yields 6%, you would only need to invest about $16,700 in it to collect $1,000 in dividends over the course of a full year? The average stock on the S&P 500, meanwhile, yields just 1.2%, and it would take an investment of more than $83,000 to generate that same level of dividend income.That's a big part of why high- ...