3 High-Yielding Dividend Stocks That Haven't Been This Cheap in Years
Buying a quality dividend stock near a multiyear low can be a great move, especially if you're willing to be patient and hang on for the long term. As long as the dividend remains intact, the yield moves up as a stock price falls in value. And that's been the case for all the stocks listed here.PepsiCo (NASDAQ: PEP), UnitedHealth Group (NYSE: UNH), and United Parcel Service (NYSE: UPS) are all down more than 15% in the past 12 months and are trading near multiyear lows. Their yields are also all firmly above the S&P 500 average of 1.4%.Here's a look at why these three can be good stocks to buy, despite all the bearishness surrounding their respective businesses.Continue reading
Buying a quality dividend stock near a multiyear low can be a great move, especially if you're willing to be patient and hang on for the long term. As long as the dividend remains intact, the yield moves up as a stock price falls in value. And that's been the case for all the stocks listed here.
PepsiCo (NASDAQ: PEP), UnitedHealth Group (NYSE: UNH), and United Parcel Service (NYSE: UPS) are all down more than 15% in the past 12 months and are trading near multiyear lows. Their yields are also all firmly above the S&P 500 average of 1.4%.
Here's a look at why these three can be good stocks to buy, despite all the bearishness surrounding their respective businesses.
