Investors seeking income should consider dividend stocks with high, sustainable yields. These companies have the financial strength to sustain and increase their distributions over time, and may also deliver steady capital gains.
Energy Transfer (ET) currently looks attractive among high-yield dividend stocks, offering a yield of about 6.3%. The midstream energy company has a solid track record of dividend growth, supported by relatively resilient earnings and strong distributable cash flow (DCF). ET stock also has a consensus “Strong Buy” rating on Wall Street, which further strengthens its appeal.