Billionaire Money Managers Keep Buying These Incredibly Cheap High-Yield Dividend Stocks

High-yield dividend stocks have a rich history of delivering market-beating returns. In fact, the notion that high-yield dividend stocks (those with yields of 4% or greater) generally outperform other types of equities was a central theme in Charles H. Dow's 1920 iconic, posthumous publication, "Scientific Stock Speculation." Keeping with this theme, empirical studies have shown that the magnitude of a stock's dividend yield has little to do with its ability to beat the broader markets over the long run.