The telecommunications giant AT&T offers investors a solid 5.2% dividend yield. The company has streamlined its operations by selling off its media assets, making its cash flows more predictable. While traditional wireline subscriptions are declining, this is offset by growing demand for AT&T’s 5G network and fiber-optic services.
In the second quarter, the company saw a 3.4% increase in mobility-service revenue and continued growth in its fiber-internet subscriptions. With consistent growth in its broadband services, AT&T is well-positioned to provide reliable dividends to shareholders in the future. Hercules Capital, a business development company, specializes in providing high-interest loans to start-ups in the life sciences and technology sectors.
Due to its unique structure, Hercules can avoid income taxes by distributing nearly all its earnings to shareholders. This results in a significant 8% yield from regular dividends.
Robust dividend stocks offering yields
Hercules also offers a supplemental dividend, which can bring the total yield to 9.7% if the supplemental payout remains consistent. Despite the high-risk nature of its investments, Hercules has successfully maintained or increased its regular distribution since 2010, reflecting its strong earnings potential. Pfizer, the pharmaceutical giant known for its extensive catalog of patented drugs, boasts a solid dividend yield of 5.7%.
The company has consistently raised its payout since 2009. While Pfizer’s sales of COVID-19 vaccines and treatments have fluctuated, these now represent less than 3% of its total revenue. Many of Pfizer’s other products are experiencing double-digit sales growth, positioning the company well to continue its dividend-raising streak.
Notably, Pfizer’s $43 billion acquisition of cancer drug developer Seagen is expected to drive future growth, with treatments like Padcev showing significant potential. Investing in these dividend stocks can be a wise move for anyone looking to enhance their passive income while potentially outperforming the market. With less than $100, investors can take advantage of these reliable dividend-paying stocks and benefit from their consistent payouts and growth potential.