High-Yield Alert: 2 Dividend Plays Yielding 7% And 8% That Crush Cash Returns

Sep. 29, 2024 7:30 AM ETENB, ENB:CA, MO54 Comments

Summary

  • Money market funds have seen massive inflows, but rate cuts are making them less attractive. Investors may soon rotate out as yields decline further.
  • High-quality dividend stocks offer a strong alternative to cash, providing reliable income, safety, and inflation protection even in a low-rate environment.
  • Two undervalued stocks yielding 7% and 8% are ideal for income seekers, combining solid fundamentals with attractive growth potential and stable payouts.
  • Looking for more investing ideas like this one? Get them exclusively at iREIT®+HOYA Capital. Learn More »
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Introduction

Investors want cash!

According to a recent Bloomberg article, money market funds saw more than $120 billion in inflows in the week ending September 25. This puts the total value of these funds at a record of slightly more than $6.4 trillion.

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This article was written by

43.54K Followers

Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He is a contributing author for iREIT®+HOYA Capital.

As a member of the iREIT®+HOYA Capital team, Leo aims to provide insightful analysis and actionable investment ideas, with a particular emphasis on dividend growth opportunities. Learn More.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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