Singapore markets open in 2 hours 13 minutes
  • Straits Times Index

    3,269.27
    -32.69 (-0.99%)
     
  • S&P 500

    4,280.15
    +72.88 (+1.73%)
     
  • Dow

    33,761.05
    +424.35 (+1.27%)
     
  • Nasdaq

    13,047.19
    +267.29 (+2.09%)
     
  • BTC-USD

    24,350.32
    -100.68 (-0.41%)
     
  • CMC Crypto 200

    574.64
    +3.36 (+0.59%)
     
  • FTSE 100

    7,500.89
    +34.98 (+0.47%)
     
  • Gold

    1,816.60
    +1.10 (+0.06%)
     
  • Crude Oil

    91.75
    -0.34 (-0.37%)
     
  • 10-Yr Bond

    2.8490
    -0.0390 (-1.35%)
     
  • Nikkei

    28,546.98
    +727.68 (+2.62%)
     
  • Hang Seng

    20,175.62
    +93.22 (+0.46%)
     
  • FTSE Bursa Malaysia

    1,506.19
    +0.63 (+0.04%)
     
  • Jakarta Composite Index

    7,129.28
    -31.10 (-0.43%)
     
  • PSE Index

    6,699.66
    +18.98 (+0.28%)
     

Got $1,000? Buy These 2 Ultra-High-Yield Dividend Stocks on the Dip

·4-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

As prices go down, yields go up, and that dynamic has made both Target (NYSE: TGT) and AbbVie (NYSE: ABBV) excellent choices for bargain-hunters searching for quality companies with yields well above the current 1.7% average of S&P 500 index stocks. For quite some time, Target was the retail stock that could do no wrong. The company repeatedly posted revenue growth and strong profitability, even through the pandemic, and there was little indication of serious trouble.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting