Ultra-High-Yield Dividend Stocks: Bargain Buys for Income Investors

Three ultra-high-yield dividend stocks are considered bargain buys for income investors. Energy Transfer LP (ET) offers a 8.2% distribution yield and expects to increase its distribution by 3% to 5% annually. United Parcel Service (UPS) has a forward dividend yield of 6.9% and has increased its dividend for 16 consecutive years. Both companies have low valuations and are expected to deliver solid growth in the coming years.