3 Ultra-High-Yield Dividend Stocks Averaging 6.72% Yield Present Compelling August Buys
Over the past century, equities have outperformed all other asset classes in annualized returns. Dividend-paying stocks, in particular, have demonstrated consistent profitability, transparency in growth projections, and historical resilience. Hartford Funds research reveals dividend stocks delivered 9.2% average annual returns from 1973-2024 with lower volatility compared to nonpayers' 4.31% returns.
Ultra-high-yield dividend stocks—those yielding four times the S&P 500's benchmark—require thorough due diligence but can offer exceptional income opportunities. Three such stocks currently boast an aggregate 6.72% yield, presenting compelling investment cases for income-focused portfolios this August.