2 “Strong Buy” Dividend Stocks Yielding 8%

Oil is up, the Russian ruble is down, and financial markets are showing increased levels of volatility. The rolling boil in the markets comes as Russia’s Vladimir Putin has launched the largest ground war in Europe since the Second World War. It’s no wonder that investors are starting to seek out defensive positions. The classic defensive position, of course, is the dividend stock. Plenty of companies send out a dividend but only a select group attract the attention of serious dividend investors. These are the stocks that pay out the highest yielding dividends with the most reliable payment histories. In turbulent times like these, the market’s dividend champions are sure to get a second look from investors.

Brigham Minerals (MNRL), one of the biggest economic sectors to feel the fallout from the Russia-Ukraine fighting is the energy sector. Russia is a major hydrocarbon exporter, and has not been shy about using its energy clout in foreign policy. With the next up, Trinity Capital (TRIN), we’ll shift our focus. Trinity works with venture debt, making new capital available to start-up companies.

Source: Tip Ranks

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