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StockNews.com
StockNews.com
Business
Nidhi Agarwal

3 High-Yield Dividend Stocks to Boost Your Portfolio

Given ongoing economic uncertainty and geopolitical tensions mounting overseas, it marks a great time for investors to think about some dividend stocks. Therefore, high-yield dividend stocks, Verizon Communications Inc. (VZ), Altria Group, Inc. (MO), and Ares Capital Corporation (ARCC) might be worthy watchlist additions.

Despite the annual inflation rate in the United States decreasing to 3.4% in April 2024, down from 3.5% in March, it still remains above the Fed target of 2%. There are concerns that this might cause the Fed to keep interest rates elevated longer than expected.

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