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Pfizer, Energy Transfer and Plains All American target higher yields

The 10-year Treasury yield is around 5.3%, while the three stocks highlighted offer dividend yields between 6% and 7%.

Reported · Written up by our desk · Previews

MarketBeat Ratings points to a wider gap between dividend yields and long-term Treasurys as a reason investors may look at income stocks. The outlet notes the 10-year Treasury note was yielding around 5.3% in late September, compared with about 4.8% one month earlier and roughly a full percentage point lower a year earlier.

Against that backdrop, MarketBeat Ratings highlights three dividend payers priced under $30 that it says yield more than the 10-year Treasury note. It cites Pfizer, Energy Transfer, and Plains All American, with dividend yields in a 6% to 7% range.

For Pfizer specifically, the outlet lists a dividend yield of 6.19%, an annual dividend of $1.72, and a dividend increase track record of 16 years. It also reports a five-year annualized dividend growth figure of -13.2%.

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