3 Ultra-High-Yielding Dividend Stocks to Buy
Who doesn't love dividend income? There's something satisfying in receiving a fat dividend check and getting that tangible affirmation that your money is working for you. But it gets better: For most investors, qualified dividend income is generally taxed at a lower rate than earned income, so you keep more of your hard-earned money from Uncle Sam's prying hands.
Even better is getting a supersized payout in a time when your savings account is offering peanuts. Still, there's a paradox when investing in these ultra-high-yielding stocks. High yields are often a sign that the market has low confidence in the company's ability to continue to pay. Stocks like this are often called "yield traps."
Source Fool.com
