PFE - 2 Ultra-High-Yield Dividend Stocks Billionaires Are Buying Left and Right: Could They Be Smart Buys for You in July?
2024-06-30 06:24:00 ET
If you're an investor who doesn't already have access to billions in capital, you could probably learn a few things from the folks who do. Luckily, keeping tabs on the world's most successful investors isn't very hard to do.
Every three months, people managing a portfolio worth $100 million or more have to report their trading activity to the Securities and Exchange Commission. A quick look at the latest disclosures shows a handful of billionaire investors bought millions of shares of two dividend-paying stocks that currently offer ultra-high yields.
Shares of Pfizer (NYSE: PFE) and Annaly Capital (NYSE: NLY) offer yields that are several times the average stock in the benchmark S&P 500 index. Unfortunately, stocks rarely offer yields this high unless there's a good reason to worry about their ability to maintain their payout.
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2 Ultra-High-Yield Dividend Stocks Billionaires Are Buying Left and Right: Could They Be Smart Buys for You in July?