As markets tumble, and previously hot stocks going into freefall, it seems like the last safe haven for reliably growing wealth is dividend-paying stocks.
That’s why we here at Profitable News have compiled a list of cheap, high-yield stocks that are legally required to distribute at least 90% of their taxable income to shareholders.
Stocks like our second pick, currently trading for less than $3 a share and pays out 19.5% dividend yields, can help secure a “second income” while most portfolios continue to drop.
Companies like this and the others on our Hotlist of High-Yield Dividend Stocks (below) can net everyday investors payouts of $500, $1000… even $2000 or more every single month.
And there is no time to waste, as the next payout date for many of these stocks is later on this month… just a few days away.
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