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Dividend stocks lost some sheen over the last couple of years, as higher interest rates lowered the appeal of fat dividend yields. However, with a September rate cut looking like the most likely scenario, high-yielding stocks could be back in action. I believe Enbridge (ENB) and Rio Tinto (RIO) are two dividend stocks yielding almost 7% that investors can buy in August. To begin with, the probability of a September rate cut has risen over the last month amid the volatility in stock markets and weak economic data – especially the July unemployment number. Almost half of the traders polled by th…

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