Retirees Urged to Buy 4 IRA Dividend Stocks as Yields Reach 12.3%
Updated
Updated · 24/7 Wall St. · Sep 15
Retirees Urged to Buy 4 IRA Dividend Stocks as Yields Reach 12.3%
1 articles · Updated · 24/7 Wall St. · Sep 15
Summary
Four ultra-high-yield stocks were highlighted for retirement accounts, aimed at investors seeking passive income in what the report called a frothy, overbought market.
The screen focused on companies with long payout records and yields well above 7%, including Starwood Property Trust at 12.3%, Ares Capital at 9.76%, Universal at 7.36% and MPLX at 7.15%.
Starwood stood out as the highest-yield pick, with the commercial mortgage REIT saying it has not cut its dividend since launching in 2009 despite multiple real-estate and rate cycles.
The other picks span middle-market lending, energy infrastructure and tobacco supply, giving retirees diversified income sources that the report said could complement blue-chip dividend holdings in a barbell strategy.