This story was originally published here.
Finding reliable high-yield dividend stocks has been harder than ever since the start of the coronavirus pandemic.
While stocks have staged an impressive rally this summer, that's only hurt yields.
That's normally a good problem to have, but many companies are cutting or reducing dividends to conserve cash and protect their balance sheets. That's made earning income from stocks that much harder.
And if Congress doesn't come up with some sort of stimulus plans, many of those collecting the extended unemployment benefits will struggle to pay rent, which will cause more dividend disruptions in some industries.
That's just how it works.
So, what is an investor looking for passive income to do?
The key to successful income investing during confusing times like these is to ignore the bells and whistles. You can ignore the junk bond funds promising over-the-moon yields or distressed companies hoping to lure in investors with an unsustainable payout.
We need to look for dividend-paying companies with common sense businesses that have staying power. The key to a reliable dividend stock is the business behind it. Without consistent cash flowing in, there won't be any left to pay shareholders.
And while few companies have been immune to the economic downturn, there are ways to find dividend stocks that are less likely to see dividends slashed. Focus on dividend payers that have recent buying activity by corporate insiders. Officers and directors won't be buying shares of stock if they know the dividend is unsustainable.
To help you add income to your portfolio at a time when it seems nearly impossible, I've researched the companies that best fit this criteria. That means zeroing in on must-have industries, searching corporate balance sheets to find solid companies, and looking for insider buying.
That's given me three of the best high-yield stocks you can be comfortable adding to your portfolio right now…
Editor's Note: Click here to keep reading.
We've Created a New Way for All Americans to Potentially Make $1,000, $3,000, or $5,000 in EXTRA INCOME Every Week from Home
It's morning in America.
Shops are opening up, people are making plans to go on vacation…
And the U.S. economy is starting to churn again.
As for the stock market, it's up OVER 44% since March.
But let's face it: There are still a lot of Americans who could really use some EXTRA INCOME right now.
That's why today – for the first time ever – we're launching the most ambitious initiative we've ever put together.
It's called Project 303.
Its mission is simple: to show everyday Americans a low-cost, EXTRA-INCOME strategy that could net them thousands of dollars in additional cash each and every week.
Because guess what?
If you're able to take a small amount of money – say $500…
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It won't be long before you have the time and money to do the things you really want to do.
Like buy a new house…
Or even start a new business.
We've spent over four months and endless late nights working to put this together for you today.
Everything you need to know about Project 303 can be found right here.
So please take a few minutes to see how you can set yourself up for the chance to make thousands of dollars in EXTRA CASH.
You'll be glad you did.
Because you can't change the beginning…
But you can start where you are now and change the ending.
To see how this EXTRA-INCOME strategy can make your life easier, just go here now.
To your success,
Publisher, Power Profit Trades
P.S. Some of the people we've shared this with have retired from their jobs and are almost debt-free. Others have been getting richer every day. To see their stories, just go here now.