3 Risky Dividend Stocks I Feel Safe Owning
If you're an income investor, it's likely you're not happy right now. Interest rates were finally rising after a 30-year decline, but the pandemic forced the Federal Reserve to cut rates to zero. As a result, fixed-income investors are on an all-out scramble for yield. The Bank of America High Yield Index is currently at 4.1%, a figure near all-time lows for junk bonds.
Unsurprisingly, income investors are paying more attention to dividend-paying stocks, with many looking for underappreciated bargains. However, caveat emptor applies: Although many stocks have high yields, companies can cut payouts with no recourse for investors.
The key to finding great income investments is to find stocks on discount because Wall Street considers them too risky. Here are three such stocks I own in my portfolio.
Source Fool.com
