Should You Buy the 3 Highest-Paying Dividend Stocks in the S&P 500?
The S&P 500 fell 4.2% in value last month. According to S&P Global, "Geopolitics, rising government bond yields, inflation and monetary policy concerns are behind the recent drops, yet stocks may still have room to rise again."
After the drop, three iconic dividend stocks now pay huge yields between 6.5% and 9%. If you're looking for big dividends, this is your chance.
Altria Group (NYSE: MO) has long been a high-paying dividend stock. Over the last five years, the dividend yield has always remained above 6%. Due to some recent share price weakness, the dividend yield is now around 9%. This is a great opportunity to buy into a recession-resistant business with high levels of free cash flow.
Source Fool.com
