Oil is up, the Russian ruble is down, and financial markets are showing increased levels of volatility. The rolling boil in the markets comes as Russia’s Vladimir Putin has launched the largest ground war in Europe since the Second World War. It’s no wonder that investors are starting to seek out defensive positions.
The classic defensive position, of course, is the dividend stock. Plenty of companies send out a dividend but only a select group attract the attention of serious dividend investors. These are the stocks that pay out the highest yielding dividends with the most reliable payment histories. In turbulent times like these, the market’s dividend champions are sure to get a second look from investors.
Bearing this in mind, we used the TipRanks’ database to zero-in on two stocks that are showing high dividend yields – on the order of 8%. Each stock also holds a Strong Buy…
