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The singer and actor vows to fight a $1.2 million lawsuit by Wondermind investors who claim she ‘falsely represented' her involvement in the wellness venture. Her lawyer calls the allegations ‘completely meritless.'
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The dividend yield on the S&P 500 has been hovering near its lowest level in roughly two decades for some time now, and while it's starting to move higher, it's still at a paltry 1.7%. So what are yield-hungry investors left to do?
Thankfully, there is no shortage of high-paying dividend stocks on Wall Street. And in a time of market volatility, like we've seen throughout 2022, quality income-paying names can be used as a defensive play in portfolios.
"We have continued to highlight the importance of dividends in the current backdrop, where we have seen wide performance spreads between dividend payers versus non-payers," says Jill Carey Hall, equity and quant strategist at BofA Securities. Looking specifically at small-cap stocks, Carey notes that "dividend yield has been the best-performing long factor" for the year-to-date.
However, not all dividend stocks are created equal, and it can be a dangerous practice for investors to simply chase yield. Many times, a company's high yield can be a sign of trouble in its underlying business.
With that in mind, we've selected 10 high-paying dividend stocks with yields of 5% or more. However, we didn't just randomly pick names, though. To put together a list of quality firms, we looked for companies with solid fundamentals, generous yields and backing from the analyst community. Investing in sturdy dividend stocks remains a favorite strategy on Wall Street and these ones are worth a closer look.
SEE MORE 16 Dividend Kings for Decades of Dividend Growth
Data is a
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Cryptocurrencies, or digital assets, have gone through a lot of turmoil so far in 2022. Since their high-water mark in late 2021, major assets like Bitcoin and Ethereum have seen dramatic pullbacks in prices. These pullbacks created a chain reaction in other areas of the digital asset market, which ultimately led to the bankruptcy of several crypto platforms - and a crash that wiped out the value of a few large cryptocurrencies.
Many coins have seen massive price drops since their all-time highs and have not recovered. As an investor, how should you approach crypto now?
Crypto basics & recent tumbles
First, a brief synopsis of crypto and recent major events:
The blockchain technology used to trade cryptocurrencies has been hailed as a game-changer for the future of currency. Users can "confirm transactions without a need for a central clearing authority," which democratizes access to the economy, especially for those who have historically not had access to financial institutions. Cryptocurrencies like Bitcoin, Ethereum and other coins or tokens are simply an alternative form of payment known as digital currencies. While potential drives crypto's allure, so does speculation. And even though crypto has been lauded as "inflation-proof," its recent tumbles affect their market value rapidly.
SEE MORE Crypto in My 401(k)? In One Way It Makes Sense, But on the Other Hand …
One of the major events that occurred recently was the dramatic collapse in value of
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Robocalls can be relentless: Is your car warranty about to expire? Can we make you a great offer to buy your house? Have you seen these irregularities with your Amazon account? Are you aware your utilities are about to be shut off?
In 2021 alone, phones in the U.S. were pummeled by more than 50 billion robocalls, according to YouMail, a robocall blocking and analysis company. That's more than 150 calls for every person in the country. In July, that number was 3.8 billion.
The result? Many of us just don't answer our phones unless we recognize the number.
SEE MORE How to Avoid a Summer of Scams - Expert Tips to Help Aging Parents
The damage done can have serious consequences, intended and not. In addition to fraudulent marketing, ignoring unknown numbers could prove dangerous - take the hiker lost on a mountain in Colorado who was reported to have ignored repeated telephone calls from Lake County Search and Rescue because they didn't recognize the number. Consequently, the hiker didn't even know anyone was searching. It's a behavior common to most of us. A 2019 Consumer Reports survey found that 70% of Americans don't answer the phone if they don't recognize the number.
Are Robocalls Legal?
In general, unless a company has your written permission, it is against the law to contact you via robocall, espec
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