3 High-Quality Dividend Stocks Yielding 3%-Plus to Buy for Decades of Rising Income

After years of lower yields, income-focused investors have many more attractive options these days. While the overall dividend yield of the market remains well below its historical average (currently around 1.5% for the S 500), many companies offer much more attractive yields. 

American Tower (NYSE: AMT)Brookfield Renewable (NYSE: BEPC)(NYSE: BEP), and Kenvue (NYSE: KVUE) currently offer dividend yields more than double the market's average. Furthermore, these companies should be able to increase their already attractive payouts for years to come. That makes them excellent options for those seeking durable and steadily rising passive income streams.

American Tower currently offers a 3.5% dividend yield. The data infrastructure REIT backs that well-above-average payout with stable cash flow and a strong balance sheet. The company signs long-term leases with tenants for capacity on its towers and in its data centers, providing it with very predictable cash flow. It expects to produce more than $4.5 billion in adjusted funds from operations (FFO) this year.

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Source Fool.com