2 Blue Chips To Buy And Hold, Up To 9% Yield

Vivek Vishwakarma Meme stocks have come back in fashion as of late, with ‘Roaring Kitty’ coming back to the public consciousness touting GameStop ( GME ) stock. I must admit that I watched his YouTube broadcast last week and found it to be entertaining, but that doesn’t mean I’ll be investing in GME anytime soon. Rather, I prefer to invest in quality companies that throw off meaningful cashflows, which can be reinvested in the business, to buy back shares, and most importantly, to support a strong dividend yield.

I suppose these stocks are my version of ‘roaring’ dividend stocks that provide sleep well at night returns without a high level of speculation behind a turnaround. This brings me to the following two stocks, which pay hefty dividend yields ranging from 5-9%. In this article, I highlight why they represent terrific opportunities at present for high yield investors in search of value and income, so let’s get started! #1: British American Tobacco British American Tobacco ( BTI ) is a global giant that’s made significant progress in transforming itself from a strictly tobacco business to one that offers both traditional and next generation products, including vaping, heat-not-burn, and nicotine pouches.

BTI’s stock has floundered in recent years, due in part to uncertainty around a potential menthol ban, plans of which have recently been shelved by the Biden administration. In addition, like Altria ( MO ), BTI’s combustible volumes in the U.S.

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