Got $1,000? 3 Ultra-High-Yield Dividend Stocks to Get Your Hands On
Altria(MO) The Motley Fool·2023-12-26 09:15
A thousand dollars might seem like loose change in the world of dividend investing. After all, a $1,000 investment in a dividend stock with a 5% yield would generate only $50 in extra cash each year -- and that gain could easily disappear if the underlying stock sheds more than 5% of its value. That's why many dividend investors shifted toward safer CDs and T-bills as interest rates rose over the past two years.However, over time investors who buy a stable dividend stock and reinvest its dividends can still ...