Updated
Updated · Yahoo Finance · Sep 15
24/7 Wall St. Recommends 4 IRA Dividend Stocks, Led by 12.3% Yield for Boomers
Updated
Updated · Yahoo Finance · Sep 15

24/7 Wall St. Recommends 4 IRA Dividend Stocks, Led by 12.3% Yield for Boomers

2 articles · Updated · Yahoo Finance · Sep 15

Summary

  • Four ultra-high-yield dividend stocks made 24/7 Wall St.'s IRA screen for Boomers and retirees seeking stronger passive income in tax-sheltered accounts.
  • The picks are framed as a barbell strategy—higher-yield names paired with blue-chip dividend stocks—to pursue both income and total return in what the report calls a frothy, overbought market.
  • Ares Capital stood out in the latest write-up with a 9.76% yield and seven Buy ratings, backed by its middle-market lending business and a record of regular and supplemental payouts since 2004.
  • The broader list also includes Starwood Property Trust at 12.3%, MPLX at 7.15% and Universal at 7.36%, extending an earlier set of recommendations for retirees willing to take more risk.

Insights

Could chasing double-digit dividend yields in today's frothy market secretly destroy your retirement savings?
What hidden dangers lurk behind the massive payouts of these four popular income stocks?