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%.

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Source Fool.com