Think Bigger gettyBelieve it or not, in today’s “no yield” world, there are still 845 stocks that boast dividend yields of 3%. In the world of high yield, security is tricky. This tremendous 12.3% average yield will spin that million dollars into $123,000 in annual income. Yes, we do receive quarterly payments from IFN, but the vast majority of that is long-term capital gains and return of capital, not dividend income. But there’s nothing balanced about the size of its holdings, with the average market cap sitting at $216 billion at the moment.
Source: Forbes July 10, 2021 18:33 UTC