2 Ultra-High-Yield Dividend Stocks to Buy Hand Over Fist and 1 to Avoid

The S&P 500 currently has a 1.4% dividend yield. That's not very attractive for most income-seeking investors. The good news is that they have a lot of higher-yielding options. Many companies offer dividends yielding more than four times the S&P 500. However, investors must tread carefully when investing in stocks with ultra-high dividend yields since not all those payouts are sustainable. One that's more questionable is the monster yield offered by industrial giant 3M (MMM 0.50%). On the other hand, the bi ...