2023-05-21 05:45:00 ET
Stocks are often lumped into categories, such as growth stocks, value stocks, or dividend stocks. But there's a big difference between a stock whose dividend is the primary reason for owning it and one where the dividend is merely one aspect of the investment thesis.
ConocoPhillips (NYSE: COP) , Baker Hughes (NASDAQ: BKR) , and Newmont (NYSE: NEM) all have dividend yields well above the S&P 500 average of 1.7%. But all three cyclical stocks offer much more than passive income alone. Here's why.
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For further details see:
3 Top Stocks That Offer Investors So Much More Than Just Dividends