Looking for an alternative to low-interest savings accounts or bonds? Check out these S&P; 500 stocks that pay an annual dividend yield of over 7%.
Stock market crashes are inevitable. When the next one strikes, these companies are your ticket to big money.
Income investors are often drawn to high-yielding stocks, unfortunately like moths to a flame. In the desperate pursuit for meaningful distributions in this low-interest-rate climate, some investors are taking on big risks on big dividends -- and it could all end up in a big mess. Altria (NYSE: MO), AT&T (NYSE: T), and ExxonMobil (NYSE: XOM) are three well-known corporate giants yielding 8.6%, 7.3%, and 9.4%, respectively, as of Monday's close.