Recent Developments in Dividend Stocks

• Verizon has raised its dividend for the 19th year in a row.

• Enterprise Products Partners is launching a $6 billion growth initiative this year to enhance future distribution growth.

• Vici Properties has steadily increased its payouts every year since it began operations.

S&P 500 At the moment, the dividend yield is historically low at just 1.2%, which makes it tough for investors seeking attractive income options.

Still, there are some high-quality stocks with solid dividend yields. In fact, there are five notable payouts over 5% that are worth considering right now.

Clearway Energy (NYSE: CWEN) has a dividend yield of 6.3%. This clean energy infrastructure company offers stable cash flow, backed by long-term power purchase agreements. They provide electricity from both natural gas and renewable sources to utility companies and large corporations.

The company plans to distribute 70% to 80% of its stable cash flow as dividends, reserving the rest for investments in new clean energy ventures. They’re expecting cash available for dividends to grow from $2.08 per share this year to $2.70 by 2027, which should help maintain a dividend growth rate of 5%-8% annually.

Enterprise Products Partners (NYSE: EPD) currently boasts a yield of 6.9%. As a Master Limited Partnership (MLP), it provides investors with a yearly K-1 form to support stable cash distributions derived mostly from long-term contracts.

This MLP is on track to begin commercial operations by the year-end, thanks to a $6 billion expansion project. Additional projects are slated to roll out in 2026, ensuring a consistent cash flow to support their dividend, which has been consecutive for 27 years. With a strong balance sheet, they are well positioned for growth beyond the near future.

Vici Properties (NYSE: VICI) currently yields 5.4%. This Real Estate Investment Trust (REIT) focuses on premier gaming, hospitality, and entertainment properties. It leases properties for the long-term, helping stabilize revenues.

Investments in experiential real estate-backed loans also provide added income, with incremental investment opportunities through future sales leasebacks. Vici Properties has achieved consistent dividend growth for eight years, averaging a 6.6% annual increase during this time.

Verizon (NYSE: VZ) has a dividend yield of 6.4%. As a leading telecom provider, Verizon generates significant recurring revenue from customer payments for mobile and internet services, which it reinvests into its infrastructure and dividend payments.

This year, Verizon is projected to generate free cash flow between $19.5 billion and $20.5 billion, comfortably covering its annual dividend obligations of under $12 billion. Its strong financial standing will support strategic investments, including a $20 billion deal to acquire Frontier Communications, enhancing its network capabilities.

WP Carey (NYSE: WPC) offers a dividend yield of 5.4%. This REIT holds a diverse portfolio of operationally significant properties, ensuring stable cash flows.

For the last eight months, the company has invested $1.3 billion into new properties and aims to reach its investment goal of $1.4 billion to $1.8 billion. The enhanced portfolio will support future dividend increases as well.

To sum up, Clearway Energy, Enterprise Products Partners, Verizon, Vici Properties, and WP Carey all present promising dividends and investments that can generate recurring cash flows—qualities that often attract investors looking for solid dividend stocks.

Keep these points in mind before considering stocks like Enterprise Products Partners.