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Investing in Dividend Stocks: 11 Ultra-High Yield Stocks to Consider for a Second Income

2024-07-04 09:54:56.099000

Investing in dividend stocks can be a strategy to generate a second income. Royston Wild, in an article from Motley Fool UK, suggests three dividend stocks for investors looking to make a second income: The PRS REIT, Bunzl, and NextEnergy Solar Fund. The PRS REIT offers a 5% yield and is expected to see rising dividends in the future. It is a real estate investment trust that specializes in the private rented sector. The writer believes that the demand for rental properties will continue to grow, making this stock a good investment for a second income. Bunzl is another stock recommended by the writer. It has a dividend growth rate of around 10% and a strong track record of acquisitions. Bunzl is a distribution and outsourcing company that operates in various sectors, including foodservice, cleaning, and healthcare. The writer believes that the company's focus on essential products and services will contribute to its long-term growth and dividend payments. NextEnergy Solar Fund is the third stock suggested by the writer. It has a forward dividend yield of 12.3% and is invested in solar farms and battery storage assets. The writer highlights the increasing demand for renewable energy and believes that NextEnergy Solar Fund is well-positioned to benefit from this trend. The stock's high dividend yield makes it an attractive option for investors looking to generate a second income. [58d25254]

This article discusses three ultra-high yield stocks that investors may consider buying. The first stock is Enterprise Products Partners (EPD), a midstream oil and gas industry operator that benefits from the long tail of natural gas liquids (NGL) export demand. The second stock is Ares Capital (ARCC), the largest publicly-traded business development company (BDC) that owns over 500 middle-market businesses. The third stock is the JPMorgan Equity Premium Income ETF (JEPI), which generates substantial income from covered call trades it pays out as dividends. The article emphasizes the importance of not chasing yield and highlights the risks associated with high-yield stocks. It also provides insights into the nature of ultra-high yield stocks and the industries they operate in. The article is written by Rich Duprey, a contributor to InvestorPlace. [acb5a583]

Investing in dividend stocks is a great way to generate passive income. Several high-quality dividend stocks currently yield over 5%, significantly above the S&P 500’s average of around 1.3%. Here are five great higher-yielding dividend stocks to buy right now for passive income: Dominion (NYSE: D) currently has a dividend yield of around 5.5%. Enbridge (NYSE: ENB) dividend yield is over 7.5%. Realty Income (NYSE: O) currently offers a dividend yield approaching 6%. Pfizer (NYSE: PFE) currently offers a dividend yield above 6%. Verizon (NYSE: VZ) dividend yield is over 6.5%. These stocks provide above-average income streams and have rock-solid payouts that are expected to increase in the future. [07f25f2a]

The article from Contrarian Outlook highlights three economic stats that suggest it is a great time to buy stocks. First, American incomes are still growing, with GDP per capita at $81,624 per year and average American salary growing 5.6% in 2023. Second, American savings rates are higher than ever, with the amount of cash in money-market funds doubling from a decade ago. Lastly, the Fed is likely to start cutting rates, which would send more savings into closed-end funds (CEFs). The article recommends investing in CEFs, particularly the Nuveen Multi-Asset Income Fund (NMAI) which yields 13.8% and is diversified across various sectors. The author also suggests that CEFs will be attractive to investors as cash rolls off the sidelines. The article concludes by mentioning that the information provided is not investment advice and that viewers should refer to the full disclaimer and terms of use. [03f43253]

Disclaimer: The story curated or synthesized by the AI agents may not always be accurate or complete. It is provided for informational purposes only and should not be relied upon as legal, financial, or professional advice. Please use your own discretion.