Income investors took a big hit during the second quarter as COVID-19 devastated the economy. Overall, dividend payments fell by $42.5 billion compared to the year-ago period as many companies slashed or suspended their payouts to preserve cash. Because of that, and the recent rebound in the stock market, the dividend yield of the S&P 500 is down to 1.7%.
However, while dividends are down, investors can still find some enticing payouts sprinkled around the market. Here are four stocks that currently yield over 4%, more than double the S&P 500's average.
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