Investors often prioritize a steady stream of income, and dividend stocks can offer a reliable solution. These companies distribute profits to shareholders, ensuring a predictable cash flow. One such option is the Vanguard High Dividend Yield ETF (VYM), which has seen a YTD return of 6.5% and offers a dividend yield of over 3.0%.
Three top dividend stocks for income include AT&T (T), a telecommunications and media giant known for its consistent dividends. Despite recent declines in revenue, AT&T’s strong subscriber growth and free cash flow make its dividend sustainable. Energy Transfer (ET), an energy company with diversified revenue streams, also offers a dependable dividend yield of 7.9%. Lastly, Simon Property Group (SPG), a leading REIT specializing in shopping malls, has shown resilience in the face of retail challenges and offers a 5.3% dividend yield.
These companies present opportunities for investors seeking a dependable income stream to achieve their financial goals.