Reported about 5 hours ago
Owning dividend-paying stocks can yield great returns, but investing in the highest-paying dividends in the S&P 500 warrants caution. The article examines three high-yield stocks: Walgreens Boots Alliance, Altria, and Pfizer. Walgreens shows a concerning 290% payout ratio and declining stock performance; Altria appears stable with a 7.3% yield but faces declining cigarette sales; and Pfizer, at a 6.7% yield, is impacted by waning COVID-19 demand but has potential in other pharmaceutical developments. Investors should carefully assess the sustainability and growth potential before committing.
Source: YAHOO