3 High-Yielding Dividend Stocks That Pay More Than Four Times the S&P 500 Average

If you want a good dividend, you can aim much higher than the 1.4% yield that the S 500 averages. In some cases, you can earn a lot more than the average -- without even having to take on much more risk. While high-yielding stocks sometimes have the connotation of being risky investments, that isn't always the case.

Three stocks I'd feel comfortable relying on for dividend income that yield more than 6% today are AT (NYSE: T), Enbridge (NYSE: ENB), and Western Union (NYSE: WU). Here's how high their yields are today and why these can be great income stocks to buy and hold.

Telecom giant AT hasn't been getting a lot of love from investors in recent years, and that has created an attractive buying opportunity. AT 6.1%, the stock provides a high payout and its valuation remains cheap. Shares of AT trade AT just 10 times the company's trailing earnings.

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Source Fool.com