Should Income Investors Buy This High-Yield Dividend Stock?
Being an income investor in the current low-yield environment can be overwhelming and feel like you're fighting a losing battle. After all, how can you make your nest egg work for you when the average yield for stocks in the S&P 500 has been sub-1.3% lately and approaching its all-time low of 1.1%?
The yields are so low mostly because the markets have been trading so high lately. Fortunately, there is still hope for income investors and it has nothing to do with the recent market drop. That is, there's hope if investors know where to look.
Income investors looking for a solid yield might want to consider Prudential Financial (NYSE: PRU). This diversified insurer and asset manager actually benefits from steadily rising equity markets. Let's dig into whether Prudential is a buy based on its fundamentals and valuation.
Source Fool.com
