Investors who are on the lookout for great income-producing stocks may want to consider underrated ultra-high-yield dividend stocks. These are companies that offer dividends that are significantly higher than the average yield of the S&P 500. These stocks are often underrated because of their high dividend yield. However, they can be great investments, especially for those who are seeking regular income from their investments.
Top 3 Underrated Ultra-High-Yield Dividend Stocks to Watch
- AT&T Inc. (T)
AT&T is one of the largest telecommunications companies in the world and is known for its ultra-high-yield dividend. The company has a dividend yield of over 6%, which is significantly higher than the S&P 500’s average yield. AT&T’s dividend has been consistent for more than three decades, which makes it a great investment for those who are seeking regular income from their investments.
- Iron Mountain Inc. (IRM)
Iron Mountain is a company that provides storage and information management services. The company has a dividend yield of over 7%, which is significantly higher than the S&P 500’s average yield. The company has a solid financial position and has been increasing its dividend for more than a decade. Iron Mountain’s stock has the potential to provide investors with excellent returns.
- Kimco Realty Corp. (KIM)
Kimco Realty is a real estate investment trust (REIT) that owns and operates shopping centers. The company has a dividend yield of over 5%, which is significantly higher than the S&P 500’s average yield. Kimco has a solid portfolio of properties and has been paying dividends for more than a decade. The company’s stock has the potential to provide investors with excellent returns.
Underrated ultra-high-yield dividend stocks can be great investments for those who are seeking regular income from their investments. These stocks offer significant yields that are higher than the average yield of the S&P 500. AT&T, Iron Mountain, and Kimco Realty are three stocks that investors may want to consider when looking for great income-producing investments. These companies have solid financial positions and have been paying consistent dividends for more than a decade.
Fintech-Insight is dedicated to delivering unbiased and dependable insights into cryptocurrency, finance, trading, and stocks. However, we must clarify that we don't offer financial advice, and we strongly recommend users to perform their own research and due diligence.