3 Stocks to Buy with Dividends Yielding More than 3%

Many investors believe that an interest rate hike in September could cause some higher-yielding dividend stocks to give up some of their big gains over the past year. If interest rates rise, bonds become safer income investments for capital preservation than dividend stocks.

Moreover, the quest for yield in a low interest rate market has reduced the yields of many stocks to all-time lows while boosting their valuations to all-time highs. Those stocks will likely fall first as interest rates rise. But in the tech sector, there are still some solid income stocks with low valuations and yields topping 3%. Let's take a closer look at three such companies -- IBM (NYSE:IBM), Qualcomm (NASDAQ:QCOM), and Garmin (NASDAQ:GRMN).

Source: Motley Fool

Related Articles:
- 7 Dividend Stocks Yielding Over 3%, With Tiny Payout Ratios
- Warren Buffett's Secret To 50% Returns
- 7 Undervalued, Big-Name Stocks To Consider For Your Dividend Portfolio
- 7 High-Yield Energy Stocks Growing Their Dividends
- 5 Dividend Stocks In Need Of A Market Correction