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Meanwhile, equity dividend payouts have increased substantially in the second quarter and are expected to hit $1.39 trillion in 2021. Thus, amid the declining Treasury yields and heightened stock market volatility with the COVID-19 Delta variant threatening the economic recovery, high dividend-yielding stocks with reliable dividend-paying history could be ideal bets.
We believe BP p.l.c. (BP), British American Tobacco p.l.c. (BTI), and Petróleo Brasileiro S.A. – Petrobras (PBR) could be wise additions to one’s portfolio now for a steady stream of income.
