Bottom picking is not for everyone, but when it works, it works. Investors using the strategy will have a tough time, though, as the timeline for recovery varies. So, why not mix it up and add a dividend component to your strategy? That way, you get something while waiting for recovery. Or look at it from an income investor’s perspective: you bought the stock at discount prices and now enjoy dividends as you wait for it to reach your target selling price, whatever or whenever that may be. Win-win.
So, today, I'll uncover three high-yielding dividend stocks fresh off their 52-week lows and see if they deserve a place in your portfolio.
