When the stock market is volatile and unpredictable, one of the few things investors can rely on is a quarterly dividend from a high-quality stock.
The S&P 500 average dividend yield is currently 1.4%, but there are a handful of quality S&P 500 stocks with dividend yields above 4%. Unfortunately, a dividend yield is only as good as the company paying it, and an extremely high dividend yield can often be a red flag that a stock has underperformed significantly.
