2 Beaten-Down Income Stocks With Jaw-Dropping Yields
Dividend stocks with sky-high yields (greater than 10%) are normally trouble. An elevated yield more often than not indicates a company with deteriorating fundamentals and/or a less-than-optimal outlook.
There are some exceptions to this rule of thumb, however. The Brazilian iron ore specialist Vale (NYSE: VALE) and the Israeli international shipping company Zim Integrated Shipping Services (NYSE: ZIM) are two beaten-down income stocks that sport ginormous dividend yields and compelling long-term valuations. Here's why smart investors may want to bottom fish on these two ultra-high-yield dividend stocks right now.
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Source Fool.com
