2 High Yield-Dividend Stocks to Buy Now for Retirement

This post was originally published on this site
https://i-invdn-com.investing.com/news/LYNXNPEC3B0CQ_M.jpg

Given the increased demand for dividend stocks, many companies are undertaking robust payouts to attract investors. The Goldman Sachs Group , Inc. (NYSE:GS) expects aggregate dividend payouts for the S&P 500 index will grow 6% this year and in the following year. Dividend payouts increased 26% year-over-year to $471.70 billion in the second quarter ended June 30, with 84% of the companies improving or maintaining their dividends versus prior-year quarter values. Total dividends paid to investors is expected to reach $1.39 trillion in 2021.

In this scenario, we think high-yield dividend stocks BHP Group Ltd. (BHP) and Silvercrest Asset Management Group Inc. (SAMG) are expected to be ideal bets for retirement planning.

Continue reading on StockNews