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Income Icons: 3 Ultra-High Yield Stocks To Buy Hand Over Fist

Investors should never chase yield. Buying a dividend stock simply because it offers significantly higher-than-average yields will only set you up for problems. That’s because high-yield stocks often have problems.

Ultra-high-yield stocks can often signify problems with a business, but that’s not a blanket truth, and these three companies show why. But not all ultra-high yield stocks are broken business. Sometimes perfectly healthy companies offer a dividend that results in rising rates. Or it is simply the nature of the industry.

Here are three ultra-high-yield stocks that fit that mold. Their businesses are sound, but the yields offered are lucrative. You may want to buy their stocks by the handful.

This post appeared first on InvestorPlace.