The Average Dividend Yield is 1%. Want More Income? These 3 Stocks Offer Yields of Up 5.9%
The article argues that despite the S&P 500 trading near all-time highs and yielding only about 1%, income investors can still find attractive high-yield opportunities. It highlights three low-risk dividend stocks: Enterprise Products Partners, Realty Income, and PepsiCo. Enterprise Products Partners is presented as a toll-taker energy infrastructure business with a 5.9% yield, 27 consecutive annual distribution increases, and distribution coverage of 1.7x, supported by $5.3 billion in planned capital spending. Realty Income is described as a diversified net-lease REIT with over 15,500 properties and a 5.4% yield, backed by 31 straight annual dividend raises. PepsiCo is framed as a Dividend King offering a 4.1% yield and trading at valuations below five-year averages. Overall, the piece is bullish on defensive income stocks as an alternative to the low-yield broader market.