2 High-Yield Dividend Stocks Set to Soar
"The true investor... will do better if he forgets about the stock market and pays attention to his dividend returns and to the operation results of his companies." – Benjamin Graham
Taking that quote to heart, here are two companies with high dividend yields and improving operations or future growth potential that should have income investors paying very close attention: United Parcel Service (NYSE: UPS), and LTC Properties Inc. (NYSE: LTC).
UPS is one of the world's largest companies. It provides a range of logistics solutions for customers in over 200 countries and territories. While Wall Street might currently have lower expectations for UPS, that doesn't mean income investors should shy away from a stock that offers a solid dividend and could rebound in the near term. The stock has lagged broader markets because customers have shifted to lower-cost shipping options, and it's hurt the company's financials.
Source Fool.com
United Parcel Service Inc. Stock
The stock is one of the favorites of our community with 27 Buy predictions and 4 Sell predictions.
With a target price of 102 € there is a slightly positive potential of 10.15% for United Parcel Service Inc. compared to the current price of 92.6 €.
