Author: Vitaliy Dadalyan

3 “Strong Buy” Dividend Stocks With Payouts Over 5%

Out on the Street, focus has landed squarely on a new stimulus package that may be announced as soon as next week. Congress is working on another COVID-19 aid package on top of the $3 trillion already pumped into the economy to mitigate the pandemic’s negative impact, but investors are wondering how the government is going to pay for all of this.Making matters worse, according to the government, there is only enough money to pay social security benefits until 2035. After that, benefits are expected to be reduced. So, the writing is on the wall, lots of government spending and underfunded social security add up to you supplementing your retirement income.One way to generate income is to assemble a portfolio of dividend stocks. Using TipRanks’ database, we identified three yielding over 5% that are backed by enough Wall Street analysts to earn a “Strong Buy” consensus rating. Moreover, these stocks have...