Investors love dividend stocks, especially those with ultra-high yields, because they provide a substantial income stream and offer significant total return potential.
The voices across Wall Street and Main Street are starting to ramp up as higher rates have significantly slowed the housing market. With tariffs beginning to be felt by consumers, many economists and equity strategists believe it is high time for the rate cuts to start. The recent inflation numbers came in slightly hotter than expected, which likely nudged a July cut off the table; however, a September cut looks increasingly likely.
One thing is for sure: rate cuts will be a strong tailwind for our favorite ultra-high-yield stocks, and four that trade below $10 are offering investors incredible entry points now.
This post originally appeared at 24/7 Wall St.