High dividend yields aren't necessarily looked upon very fondly by investors because they're potentially seen as a sign that the best days are behind a company. When a company doesn't have significant investment opportunities within its own operations, the best use of cash is to return it to shareholders and when those payouts yield 4% or more it can be a sign of long-term weakness.
But there can be opportunities in dividend stocks that the market is underestimating. Three that I think are overlooked are Verizon Communications (NYSE: VZ) , Kraft Heinz (NASDAQ: KHC) , and Walgreens Boots Alliance (NASDAQ: WBA) and they may have more growth opportunities ahead than investors think.
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3 Top Stocks With High Dividend Yields