PM - $1000 Invested in These 3 Ultra-High-Yield Dividend Stocks Could Make You Rich
2023-12-12 09:12:54 ET
Many dividend stocks lost their luster over the past two years as rising interest rates boosted the yields for CDs and Treasury bills above 5%. But over the long term, stable dividend stocks usually outperform fixed-income investments as their prices rise and investors use dividend reinvestment plans (DRIPs) to boost their total returns.
Therefore, investors should still keep an eye out for promising dividend stocks that could make them rich. I believe these three stocks fit that description: Opera (NASDAQ: OPRA) , Philip Morris International (NYSE: PM) , and IBM (NYSE: IBM) .
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$1,000 Invested in These 3 Ultra-High-Yield Dividend Stocks Could Make You Rich