3 High-Yield Stocks at Rock-Bottom Prices
Falling interest rates typically cause the prices of dividend-paying stocks to rise, which then pushes down their yields. However, while the recent decline in interest rates has helped fuel big gains in many high-yield stocks, some continue to trade at rock-bottom valuations. Therefore, income-seeking investors can still score a high yield for a low price.
Three dirt cheap yield-focused stocks worth considering are midstream companies Energy Transfer (NYSE: ET), MPLX (NYSE: MPLX), and Plains All American Pipeline (NYSE: PAA). Here's why income investors will want to give these energy companies a closer look.
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Source Fool.com
