2 Ultra-High-Yield Dividend Plays That Should Crush the Broader Market in 2023
While a recession in 2023 is far from a foregone conclusion, the possibility of a mild economic pullback at some point this year is a key concern for investors. Fortunately, equities that pay out above-average dividends frequently make excellent safe-haven investments during uncertain economic times.
For a host of reasons, stocks and exchange-traded funds (ETFs) with elevated shareholder distributions often produce market-beating returns on capital during economic downturns. First and foremost, equities that pay dividends are generally associated with dependable free cash flows, although companies operating in cyclical industries like shipping or manufacturing are clear exceptions to this rule of thumb.
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Source Fool.com
