IEP - 2 Ultra-High-Yield Dividend Plays That Should Crush the Broader Market in 2022
The major U.S. stock indexes have fallen by between 5.9% to 13.4% since the start of January. The Federal Reserve's plan to fight inflation through a series of interest rate hikes over the course of 2022 isn't sitting well with investors.
This market downturn has been particularly harsh toward narrative-driven growth stocks. By contrast, large-cap dividend stocks -- especially those with above-average yields -- have actually performed fairly well during the opening weeks of 2022.
Armed with this insight, investors would be wise to capitalize on this powerful trend by buying at least a couple of ultra-high-yield dividend-paying equities soon. And if you're looking for an attractive mix of safety and uber-high yields, Guggenheim Strategic Opportunities Fund (NYSE: GOF) and Icahn Enterprises (NASDAQ: IEP) ought to be at the top of your shopping list.
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2 Ultra-High-Yield Dividend Plays That Should Crush the Broader Market in 2022