Over the past few years, with market multiples at or near all-time highs, it has been incredibly difficult to find quality businesses with strong dividend yields. In fact, over the last few decades, the S&P 500's average dividend yield has rarely gone above 3% (it's currently 1.37%). Here are two stocks to buy right now with dividend yields above 3%.
CNMD, CL, and T have been added to the Zacks Rank #5 (Strong Sell) List on May 17, 2022.
LOS ANGELES, May 17, 2022--Tutor Perini Corporation (NYSE: TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that its Guam-based subsidiary, Black Construction, has been awarded an $83,733,445 firm-fixed-price contract by the Naval Facilities Engineering Systems Command, Pacific District, for design and construction of wharf improvements at Naval Base Guam. The work to be performed includes the renovation and modernization of Berth 2 to provide f