5 Top Dividend Stocks Yielding 5%+ to Buy in June
Rising interest rates have put a lot of pressure on dividend-paying stocks over the past year. Higher rates make lower-risk income investments like bonds and bank CDs more attractive. That weighs on the share prices of dividend payers, driving up their yields to compensate investors for their higher risk profiles.
As a result, investors can now lock in some very attractive dividend yields on some high-quality payers. Clearway Energy (NYSE: CWEN)(NYSE: CWEN.A), Kinder Morgan (NYSE: KMI), (NYSE: VZ), W. P. Carey (NYSE: WPC), and Walgreens Alliance Boots (NASDAQ: WBA) all offer yields above 5% these days. That makes them great stocks for income-focused investors to buy this June.
Clearway Energy currently yields more than 5%. The clean energy infrastructure company backs that payment with steady cash flow supported by long-term, fixed-rate contracts with utilities and corporate buyers of power from its renewable energy and natural gas generating facilities.
Source Fool.com
Verizon Communications Inc. Stock
The stock is one of the favorites of our community with 24 Buy predictions and 1 Sell predictions.
With a target price of 41 € there is a slightly positive potential of 7.71% for Verizon Communications Inc. compared to the current price of 38.07 €.
