RIO News: These 3 dividend stocks offer monstrous yields between 8.5% and 16% — for inflation defense and - 8th Jun 2022, 5:20am

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These 3 dividend stocks offer monstrous yields between 8.5% and 16% — for inflation defense and hefty cash income, take a closer look now

Annual inflation is at 8.3% right now. That means investors need a rate of return higher than this simply to preserve purchasing power.

This puts income-oriented investors in a tough position.

The average stock in the S&P 500 index offers a dividend yield of just 1.4%. Not only is that below the current rate of inflation, but it’s also below the F...

>>> Read more: These 3 dividend stocks offer monstrous yields between 8.5% and 16% — for inflation defense and hefty cash income, take a closer look now
 
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