4 Dividend Stocks Yielding 4% or More to Buy Without Hesitation
The Federal Reserve has significantly ratcheted up interest rates over the past several quarters to help cool inflation. This move has also pushed up rates for lower-risk income-producing investments like bonds and certificates of deposit. That has had a trickle-down impact on other yield-focused investments, like dividend-paying stocks. As their share prices have fallen, their dividend yields have increased, which compensates investors for their higher risk profiles relative to bonds and CDs.
As a result, many stocks are offering attractive dividend yields these days. Kenvue (NYSE: KVUE), Southern Company (NYSE: SO), Stag Industrial (NYSE: STAG), and Williams (NYSE: WMB) stand out for their enticing payouts, which all yield over 4% at recent prices (more than double the S 500's 1.6% dividend yield). Here's why income-seeking investors should buy them without hesitation.
Kenvue is new to paying dividends. It initiated its payout earlier this year as it separated from Johnson Johnson. However, it offers a healthy dividend that currently yields 4.1%.
Source Fool.com
STAG Industrial Inc. Stock
Currently there is a rather positive sentiment for STAG Industrial Inc. with 5 Buy predictions and 0 Sell predictions.
With a target price of 38 € there is a slightly positive potential of 2.1% for STAG Industrial Inc. compared to the current price of 37.22 €.
