Reported 12 months ago
The article discusses how billionaire investors are purchasing shares of Pfizer and Annaly Capital, which offer ultra-high yields. Annaly Capital, a REIT focusing on mortgage-backed securities, has an enticing 13.6% yield but has reduced its dividend over the years. On the other hand, Pfizer, which saw a drop in its stock due to COVID-19-related sales decline, still offers a 6.2% yield. With a focus on innovative new drugs and long-term growth potential, investing in Pfizer may offer a safer way to boost passive income for income-seeking investors.
Source: YAHOO