In a world where the S&P 500 is paying a paltry 2.0% dividend yield, savings accounts earn next to nothing and treasury yields are barely beating inflation, millions of investors are turning to high-yield stocks to supplement their income.
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For most investors, that means buying higher-yielding U.S. equities.
I've seen real estate investment trusts (REITs) like Annaly Capital Management (NYSE: NLY) and master limited partnerships (MLPs) like Kinder Morgan (NYSE: KMP) become wildly popular lately.