Published on 19 Mar 2023 on Insider Monkey via Yahoo Finance
In this article, we will discuss 15 best high-yield dividend stocks to buy now. You can skip our detailed analysis of dividend stocks and their performance, and go directly to read 5 Best High-Yield Dividend Stocks To Buy Now.
Just when the stock market set out for recovery after recording its worst year in 2022, recent developments pulled the market into a new crisis. The failure of Silicon Valley Bank (SVB) is the latest disaster investors are confronted with and has sent ripples through the entire stock market. On Friday, March 10, the S&P 500 fell by 1.4%, closing one of the worst weeks of 2023 for the market. These fluctuating market conditions have turned investors’ attention toward income-generating stocks that usually help them stay afloat in this environment.
Dividend stocks have the ability to generate stable and regular income for investors on a quarterly or monthly basis. However, the high levels of inflation and continuous changes in monetary policies have put a strain on corporate balance sheets with the possibility of dividend cuts. For this reason, analysts are recommending focusing on companies with strong cash flows when investing in dividend stocks. R. Burns McKinney, managing director and senior portfolio manager at NFJ Investment Group, spoke to Wall Street Journal about dividend investing in March. Here are some comments from the analyst: