Looking for some ultra-high-yield dividend stocks to add to your portfolio and hold onto for the long haul? Look no further. Here are three top picks that could provide you with steady income for years to come.
1. AT&T (NYSE: T)
AT&T is a telecommunications giant that currently offers a dividend yield of around 7%. The company has a strong track record of paying consistent dividends and has even increased its payout annually for over 35 years. With its diverse portfolio of services and strong brand recognition, AT&T is a solid choice for investors looking for reliable income.
2. ExxonMobil (NYSE: XOM)
ExxonMobil is one of the largest oil and gas companies in the world, with a dividend yield of around 7%. Despite fluctuations in the energy market, ExxonMobil has a history of maintaining its dividend payments, making it a reliable choice for income investors. With its strong financials and global presence, ExxonMobil is a great option for those looking for a high-yield dividend stock.
3. AbbVie (NYSE: ABBV)
AbbVie is a pharmaceutical company known for its popular drug Humira and offers a dividend yield of around 5%. The company has a strong pipeline of products and a history of increasing its dividend payments, making it an attractive choice for long-term investors. With its focus on research and development, AbbVie is well-positioned to continue delivering strong returns to shareholders.
In conclusion, AT&T, ExxonMobil, and AbbVie are three ultra-high-yield dividend stocks that could be great additions to your portfolio. With their solid track records and strong financials, these companies are well-positioned to provide you with steady income for years to come. Consider adding them to your investment portfolio and holding onto them for the long term.