Unlock $2,100 in Annual Dividends with These 3 High-Yielding Stocks

Investing $12,000 in each of Verizon Communications (VZ), Bristol Myers Squibb (BMY), and Pembina Pipeline (PBA) could yield around $2,100 in annual dividends. Verizon offers a high yield of 6.3%, while Bristol Myers Squibb and Pembina Pipeline yield 5.4% and 2.19%, respectively. While higher yields come with higher risk, these companies have strong earnings capable of supporting their payouts.

Investing $12,000 in each of Verizon Communications (VZ), Bristol Myers Squibb (BMY), and Pembina Pipeline (PBA) could yield around $2,100 in annual dividends. Verizon offers a high yield of 6.3%, while Bristol Myers Squibb and Pembina Pipeline yield 5.4% and 2.19%, respectively. While higher yields come with higher risk, these companies have strong earnings capable of supporting their payouts.

Verizon Communications, a telecom giant, offers a very high yield of 6.3%, more than five times the S&P 500 average of 1.2%. An investment of $12,000 into the stock could yield $756 in annual dividends. Verizon’s payout ratio is manageable at around 60%, suggesting that the company can sustain its current level of dividends. The stock price has risen around 8% year to date and trades at just 10 times its trailing earnings, making it a solid buy-and-hold option for dividend investors [1].

Bristol Myers Squibb, a healthcare company, yields 5.4%, not as high as Verizon but still impressive. A $12,000 investment would generate about $648 in annual dividends. Despite a high payout ratio of around 100%, Bristol Myers Squibb has strong free cash flow, totaling $14.6 billion over the past 12 months, which exceeds the $5 billion paid in dividends. The company has been investing in new drugs and its growth portfolio generated sales growth of 18% in the most recent quarter. Although the stock is down close to 20% this year, it trades at only 7 times its estimated future earnings, making it a potentially attractive option for dividend investors [1].

Pembina Pipeline, a leading energy company, offers a yield of 5.8%. With $12,000 invested, annual dividend income would be around $696. Pembina’s free cash flow totaled $2.6 billion in the trailing 12 months, comfortably above the $1.8 billion paid in dividends. The stock has declined by 2% this year but has been relatively steady overall, trading at a modest 17 times its trailing earnings. Vanguard Group Inc. recently increased its ownership in Pembina Pipeline by 1.6%, now holding approximately 4.35% of the company, worth over $1 billion. The company announced a quarterly dividend of $0.71, an increase from the previous $0.51, representing an annual yield of 7.9% [2].

Investors should be cautious, as higher yields often come with higher risk. However, these three companies have demonstrated strong financials and earnings growth, suggesting that their dividends are likely to be sustainable. As always, it is essential to conduct thorough research and consider your risk tolerance before making any investment decisions.

References:
[1] https://finance.yahoo.com/news/want-over-2-100-annual-102600716.html
[2] https://www.marketbeat.com/instant-alerts/filing-pembina-pipeline-corp-nysepba-holdings-raised-by-vanguard-group-inc-2025-08-12/