2 High-Yield Dividend Stocks to Buy Now
It's nice to see regular cash deposited in your account. Profitable companies with solid competitive positions in their industry can pay passive income for years, but the best dividend stocks are those with a near-term catalyst or cheap valuation that offer share price upside on top of an above-average yield. Here are two undervalued dividend stocks to consider buying right now.
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Despite a slow housing market and elevated interest rates, shares of Home Depot (NYSE: HD) have performed well in the past few years, currently up 23% since 2022. This is the largest home improvement retailer, with $162 billion in trailing-12-month revenue. It's got the financial fortitude to maintain steady dividend payments, with the prospect of lower interest rates over the next year potentially sending the stock higher.
Source Fool.com
