Looking for some ultra-high-yield dividend stocks to add to your portfolio? Here are two options that you can buy and hold for a decade.
1. AT&T (NYSE:T)
AT&T is a telecommunications giant that offers a dividend yield of around 7%. The company has a long history of paying and increasing its dividend, making it a solid choice for income investors. With its diversified business model and strong cash flow, AT&T is well-positioned to continue rewarding shareholders for years to come.
2. Altria Group (NYSE:MO)
Altria Group is a leading tobacco company with a dividend yield of about 8%. Despite facing regulatory challenges, Altria has a strong track record of generating consistent cash flow and returning value to shareholders through dividends. The company’s stable business model and loyal customer base make it a reliable option for long-term investors.
By investing in these ultra-high-yield dividend stocks, you can potentially secure a steady stream of passive income for the next decade and beyond.