Aside from the COVID-19-induced bear market in March 2020, the past few years have been difficult for income investors. The S&P 500‘s average yield has been less than 2% in 44 of the past 48 months, which can make it more challenging to find companies whose payouts are both attractive and sustainable.
But even in a market consistently reaching record highs, there do exist sanely priced stocks offering safe dividend yields that are double to nearly quadruple the S&P 500’s current 1.3%.