3 Top Dividend Stocks Offering Up To 5.9% Yield

As the market continues to navigate volatile conditions, investors are seeking stable and high-yielding investments. Dividend stocks have long been a popular choice for their steady income and potential for long-term growth. In this article, we will explore three top dividend stocks offering yields up to 5.9%, providing investors with a mix of income and growth potential.



1. AbbVie (ABBV)
- Dividend Yield: 3.7%
- AbbVie has a strong dividend track record, having increased its payout by 310% since its 2013 spinoff from Abbott Labs (ABT). The company invests heavily in research and development (R&D), spending around 15% of its revenue on it, which helps maintain a robust pipeline of new therapies.
- ABBV's dividend is considered sustainable due to its strong financial profile, durable cash flow, and visible growth potential. The company's shares have climbed this year, and are up 41.1% over the past 12 months.

2. Pfizer (PFE)
- Dividend Yield: 6.46%
- Pfizer markets therapies targeting various diseases, including autoimmune diseases, cardiovascular diseases, cancer, and migraine. The company's dividend yield is high partly due to a decline in its share price since late 2021. However, Pfizer has maintained its dividend payout, indicating its commitment to income investors.
- PFE's dividend is considered sustainable, given its strong financial position and the broad range of therapies it offers. The company's shares have climbed this year, and are up 38.5% over the past 12 months.

3. Brookfield Infrastructure (BIP)(BIPC)
- Dividend Yield: 5.12% (BIP), 5.24% (BIPC)
- Brookfield Infrastructure operates a diversified portfolio of infrastructure businesses focused on utilities, transportation, energy (midstream), and data. The company generates relatively stable cash flow to support its growing dividend, which has grown at a 9% compound annual rate over the past 15 years.
- BIP and BIPC's dividends are considered sustainable due to their strong financial profiles, organic growth drivers, and a history of acquisitions that have padded their bottom lines. The company's shares have climbed this year, and are up 24.7% (BIP) and 24.4% (BIPC) over the past 12 months.



In conclusion, these three top dividend stocks offer yields up to 5.9%, providing investors with a mix of income and growth potential. By focusing on companies with strong financial health, robust balance sheets, and effective cash flow management, investors can build a portfolio of high-yielding stocks that can weather market volatility and deliver long-term returns.