3 top dividend stocks yielding as high as 8.7% — with inflation still near 40-year highs, it might be a good move to nail down some income

Inflation is on a white-hot tear.

U.S. consumer prices surged 8.3% in April from a year ago, down slightly from 8.5% in March, but still near 40-year highs.

Whether central bankers believe inflation is short-lived, prices are on the rise right now.

To preserve purchasing power, investors usually turn to assets like gold and silver during inflationary times….