Seeking Up to 13% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy

Are you tired of the rollercoaster ride of the stock market and looking for a more stable, high-yielding investment option? Dividend stocks might be just what you need. With the potential to generate up to 13% in dividend yield, these two dividend stocks, as suggested by analysts, could be an excellent addition to your portfolio.

1. NextEra Energy Partners L.P. (NEP)
- Dividend Yield: 10.14%
- Market Cap: $0.9 billion
- Sector: Utilities
- NEP is a renewable energy company that focuses on wind and solar energy projects. Its high dividend yield is primarily driven by the stable and predictable cash flows generated from long-term power purchase agreements (PPAs) with investment-grade counterparties.
- NEP's dividend yield is also supported by its strong financial profile, including a low payout ratio of around 70% and a solid balance sheet with a manageable debt-to-equity ratio.
- The company's growth prospects are driven by the increasing demand for renewable energy and the favorable regulatory environment for renewable energy projects. This should allow NEP to maintain and potentially increase its dividend yield in the long term.

2. Ecopetrol S.A. (EC)
- Dividend Yield: 9.50%
- Market Cap: $18.6 billion
- Sector: Energy
- EC is an integrated oil and gas company based in Colombia. Its high dividend yield is primarily driven by the company's strong cash flows generated from its upstream operations, which include exploration, production, and refining activities.
- EC's dividend yield is also supported by its low payout ratio of around 30% and a solid balance sheet with a manageable debt-to-equity ratio.
- The company's growth prospects are driven by its exploration and production activities, as well as its downstream operations, which include refining and marketing activities. This should allow EC to maintain and potentially increase its dividend yield in the long term.

In conclusion, if you're looking for a more stable, high-yielding investment option, consider adding NextEra Energy Partners L.P. (NEP) and Ecopetrol S.A. (EC) to your portfolio. Both companies have strong financial profiles, stable cash flows, and growth prospects that support their high dividend yields. However, always remember to do your own research and consider your personal financial situation before making any investment decisions.