3 Reliable Dividend Stocks Offering Up To 6.4% Yield

As investors seek stable income in an uncertain market, high-yield dividend stocks remain an attractive option. While the S&P 500 index has experienced significant volatility, dividend stocks have offered a steady source of income and potential for capital appreciation. In this article, we will explore three reliable dividend stocks offering yields up to 6.4%, focusing on their dividend sustainability, growth potential, and market performance.



1. AbbVie (ABBV)
- Dividend Yield: 3.7%
- Dividend Payout Ratio: 50%
- Dividend Growth: 310% since 2013
- AbbVie has a strong track record of dividend growth, increasing its payout by 310% since its 2013 spinoff from Abbott Labs. The company's focus on research and development, with 15% of revenue allocated to R&D, ensures a steady pipeline of new therapies. AbbVie's dividend payout ratio of around 50% indicates a sustainable dividend policy, supported by strong cash flow and earnings growth.



2. Mid-America Apartment Communities (MAA)
- Dividend Yield: 3.7%
- Dividend Payout Ratio: 75%
- Dividend Growth: 14 consecutive years
- Mid-America Apartment Communities (MAA) benefits from steady rental income, which supports its high-yielding payout. The company's top-tier financial profile allows it to expand its apartment portfolio through development and acquisitions. MAA has never suspended or reduced its dividend since its 1994 IPO and has raised its payment for 14 years in a row, demonstrating a strong commitment to dividend growth.

3. Brookfield Infrastructure (BIP, BIPC)
- Dividend Yield: 3.8%
- Dividend Payout Ratio: 70%
- Dividend Growth: 9% compound annual rate
- Brookfield Infrastructure operates a diversified portfolio of infrastructure businesses focused on utilities, transportation, energy (midstream), and data. The company's businesses generate relatively stable cash flow to support its growing dividend. Brookfield Infrastructure has delivered its 15th straight yearly payout increase and has grown its dividend at a 9% compound annual rate. The company envisions increasing its dividend at an annual rate of 5% to 9% over the long term, powered by organic growth and acquisitions.



In conclusion, these three reliable dividend stocks offer attractive yields while maintaining a strong focus on dividend sustainability and growth. By investing in companies with a history of consistent or growing dividends, investors can build a stable income portfolio that can weather market fluctuations. As always, it is essential to conduct thorough research and consider the specific risks associated with each investment before making a decision.