Dividends4Life: 5 High-Yield Dividend Stocks to Buy in August

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5 High-Yield Dividend Stocks to Buy in August

Posted by D4L | Tuesday, August 23, 2016 | | 0 comments »

For investors looking to generate superior returns while still enjoying some semblance of relative stability, it's hard to beat buying and holding good high-yield dividend stocks. But it's easier said than done to actually identify those high-yielders with the greatest chance of beating the market. We asked five Motley Fool contributors to pick a high-yield dividend stock they believe investors would be wise to consider buying this month. Each is yielding significantly more than the S&P 500 average of 2%. Read on to see which companies they chose and why...

I believe income investors who want a discounted high-yielding stock should consider France-based content provider Orange (NYSE:ORAN) in August. Orange was rocked, as was much of Europe, after Britain announced it was going to leave the European Union. After Qualcomm's (NASDAQ:QCOM) most recent quarterly report showed encouraging signs of an early turnaround, I think now is a great time for investors to pick up shares of the high-yielding semiconductor specialist. If you're after a high-yield stock and you can stomach an above-average amount of risk, I'd suggest you put Seaspan (NYSE:SSW) on your watch list. Shares are currently yielding just under 10%, which should grab the attention of any income-focused investor.

Source: Motley Fool

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