3 Dividend Stocks To Consider With Up To 6.4% Yield

As investors seek stable returns in an uncertain market, high-yield dividend stocks remain an attractive option. These companies offer steady income streams and the potential for long-term capital appreciation. In this article, we will explore three dividend stocks with yields up to 6.4%, focusing on their growth prospects, dividend sustainability, and associated risks.



1. AbbVie (NYSE:ABBV) - 3.7% Yield
AbbVie has a strong track record of dividend growth, increasing its payout by 310% since its 2013 spinoff from Abbott Labs. The company's commitment to research and development, with about 15% of revenue allocated to R&D, and strategic acquisitions like Cerevel Therapeutics, position it well for future growth. AbbVie's dividend yield of 3.7% is supported by its robust cash flow generation and visible growth potential.

2. Crown Castle (NYSE:CCI) - 6.1% Yield
Crown Castle, a leading provider of shared communications infrastructure, benefits from the increasing demand for data and the rollout of 5G networks. The company has increased its dividend for 15 consecutive years, demonstrating its commitment to returning value to shareholders. With a current yield of 6.1%, Crown Castle's dividend is supported by its strong cash flow and growth prospects in the communications infrastructure sector.

3. Enbridge (NYSE:ENB) - 6.2% Yield
Enbridge, a major energy infrastructure company, operates a diversified portfolio of assets, including crude oil and liquids pipelines, natural gas pipelines, and renewable power generation. The company's stable cash flow and growth prospects support its high-yielding dividend. Enbridge has increased its dividend for 24 consecutive years, with a current yield of 6.2%. The company's strong balance sheet and visible growth potential contribute to the sustainability of its dividend.



While these high-yield dividend stocks offer attractive income streams and growth prospects, investors should be aware of the associated risks. These include dividend sustainability risk, volatility risk, earnings and guidance risk, P/E ratio risk, payout ratio risk, dividend trends and growth risk, and industry trends risk. By considering these factors and using multiple metrics for screening, investors can make more informed decisions when investing in high-yield dividend stocks.

In conclusion, AbbVie, Crown Castle, and Enbridge are three dividend stocks worth considering for their attractive yields, strong growth prospects, and dividend sustainability. However, investors should carefully evaluate each company's fundamentals and associated risks before making an investment decision. By doing so, investors can build a well-diversified portfolio of high-yield dividend stocks tailored to their income and growth objectives.