Looking to invest in high-yield dividend stocks with just $1000? Here are five options to consider:
1. AT&T (Ticker: T): With a dividend yield of around 7%, AT&T is a solid choice for those looking for steady income.
2. Altria Group (Ticker: MO): Altria offers a dividend yield of over 8%, making it one of the highest yielding stocks on the market.
3. Verizon Communications (Ticker: VZ): Verizon’s dividend yield is around 4.5%, providing investors with a good balance of income and growth potential.
4. Exxon Mobil (Ticker: XOM): Exxon Mobil has a dividend yield of approximately 5%, making it a reliable choice for income-focused investors.
5. AbbVie (Ticker: ABBV): AbbVie offers a dividend yield of over 4%, making it a strong option for those looking for a mix of income and potential for capital appreciation.
By investing in these ultra-high yield dividend stocks, you can start building a diversified portfolio with just $1000. Remember to do your own research and consult with a financial advisor before making any investment decisions.