Are These 8%-Plus Dividend Yields Too Good to Be True?
High-yielding dividend stocks can be tempting to invest in because that means you're collecting more on your investment. But the danger is that a yield that gets excessively high can be due for a cut. And while you don't want to settle for the paltry 1.4% yield that the S&P 500 currently averages, you probably don't want to gamble on a stock that's paying in double digits either.
Omega Healthcare Investors (NYSE: OHI) and Altria Group (NYSE: MO) don't have yields that high, but at around 9% and 8%, respectively, they are definitely on the top end of the scale. Are these examples of dividend stocks that are too risky to be in your portfolio or could they be among the best deals on the stock market today?
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Source Fool.com
