When it comes to high-yield dividend stocks , it's not a matter of quantity, but of quality. There are numerous stocks with forward dividend yields of 5% or higher, but many of them are firmly in the "yield trap" category.
That is, either they are at risk of a dividend cut or of price declines that exceed the returns from their quarterly cash payouts. It's best to be selective with dividend stocks , but filtering for quality, a few stocks stand out as compelling long-term buys in today's market: Energy Transfer (NYSE: ET) , Pfizer (NYSE: PFE) , and United Parcel Service (NYSE: UPS) .
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