Stocks that pay out double-digit-percentage dividend yields tend to be more trouble than they are worth. Ultra-high-dividend yields, after all, are often the result of a company's rapidly falling share price in response to a fundamental problem (new competition, political risks, an evaporating market, etc.).
This unfavorable dynamic, though, hasn't kept some ultra-high-yield stocks from generating a popular following on various social medial platforms. The Brazilian state-controlled oil and gas producer Petroleo Brasileiro (NYSE: PBR) (NYSE: PBR.A) (aka "Petrobras") and the Israel-based cargo company Zim Integrated Shipping Services (NYSE: ZIM) are two prime examples.
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Better Ultra-High-Yield Dividend Stock: Petrobras or Zim Integrated Shipping Services