High-yielding stocks can be due for cuts to their payouts if a company’s underlying financials aren’t strong enough to support its dividend payments. Two good examples of stocks that pay more than 6% and can still be ideal long-term options for retirees are Pfizer (NYSE: PFE) and Verizon Communications (NYSE: VZ).
2 Dividend Stocks That Pay More Than 6% That Retirees Can Safely Buy and Hold for Years
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