This High-Yield Dividend Stock Is for Real
The S&P 500 is barely 1% off of its all-time high, which can be good news or bad news depending on your perspective. On the one hand, investment portfolios have soared to record highs, boosting the wealth of those invested in equities. But on the other, it has pushed the S&P 500's dividend yield below 1.3%, making it harder for investors seeking steady income.
Fortunately, finding stocks that pay above-average dividends remains possible. One stock is the real estate investment trust (REIT) Iron Mountain (NYSE: IRM). Here are three reasons why.
Image source: Getty Images.
Source Fool.com
