S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
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Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
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Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
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Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway

3 High-Yield Dividend Stocks to Hold for the Long Haul

Key Points

  • Investing in high-yield dividend stocks is a sound strategy in volatile markets. 
  • This article highlights three dividend stocks with attractive yields and the opportunity for share price growth. 
  • The largest domestic chip manufacturer appears ready for its capital upgrades to pay off.  
  • A joint venture may allow AT&T to generate revenue without putting its debt reduction plans, or its dividend, at risk. 
  • Energy Transfer is a master limited partnership that is a strong choice for an energy sector that is likely to remain strong. 
  • 5 stocks we like better than Intel

Three High-Yield Dividend Stocks to Hold for the Long Haul

This article highlights three high-yield dividend stocks that investors will want to consider buying in 2023. Investors are expecting another volatile year. And owning dividend stocks is a time-honored way to stay invested during market volatility.  

Because these companies pay shareholders a percentage of their profits regularly, these stocks can be a reliable source of income for value investors. And when the market is in a slump, growth investors know that reinvesting dividends is a way to boost your total return. 

That makes a company's dividend yield a key metric for evaluating dividend stocks. But here’s where investors need to be careful. Sometimes a high dividend yield suggests that a company is not using its available cash efficiently. The worst-case scenario can signal that a company is in financial trouble. 

That’s not the case with these three stocks, which each present an intriguing case for investors in 2023.  

This Chip Company's Investments Are Ready to Pay Off

Intel Corporation NASDAQ: INTC - Intel has been an underperformer in the market this year. Shareholders have seen the share price get sliced nearly in half in 2022. Supply chain disruptions and a weakening economy continue to weigh heavily on the semiconductor sector.  

The macroeconomic conditions drowned out Intel’s positive story. Intel is the largest domestic chip maker. That means the company will benefit from the CHIPS Act passed by the U.S. Congress in July 2022. 


The company’s investments to improve its U.S. manufacturing capacity took a heavy bite out of its bottom line. But the company is guiding to better earnings in 2023. If those estimates are correct, it will support analysts’ estimates for a 24% gain in the stock price. And investors continue to get a dividend with a 5.58% yield.  

Fears About this Company's Dividend May be Overstated

AT&T Inc. NYSE: T - AT&T may seem like a curious choice for this list. The company's heavy debt load has caused some investors to consider it a dividend trap. But, while the concerns about the company’s debt have merit, it will not be made worse by rising interest rates. 

AT&T has recently proposed to form a joint venture with Blackrock Inc. NYSE: BLK that would allow AT&T to essentially lease fiber-optic networks from Blackrock, which would, in turn, fund the rollout. This would help bring broadband to an estimated 1.5 million customers in underserved markets. And it would give AT&T a growth path that wouldn’t interrupt its plans to deleverage. 

Assuming that’s true, the company’s dividend, which currently pays a yield of 6%, looks safe. Analysts are projecting a stock price growth of 20% in 2022.  

Here's Where to Invest if the Energy Sector Remains Strong

Energy Transfer LP NYSE: ET - If you’re looking for a more traditional high-yield dividend stock, you may find Energy Transfer very appealing. The company operates as a master limited partnership, ensuring investors of a predictable dividend.  

However, ET stock may increase if you believe the energy sector will remain strong in 2023. The company operates midstream with natural gas and crude oil assets in 41 states and Canada. Many analysts forecast that demand for crude oil will rise, which means higher oil prices.  

All of that works in favor of a company like Energy Transfer. And analysts are forecasting a 17% rise in earnings for the company in 2023. Add a dividend yield of 8.96%, and Energy Transfer looks like a strong buy for investors.

 

Should you invest $1,000 in Intel right now?

Before you consider Intel, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Intel wasn't on the list.

While Intel currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

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10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Intel (INTC)
2.1269 of 5 stars
$31.31+0.6%1.60%-46.04Hold$31.52
AT&T (T)
2.2791 of 5 stars
$15.21-3.8%7.30%-11.98Moderate Buy$21.88
BlackRock (BLK)
3.0853 of 5 stars
$681.86+1.9%2.93%21.15Moderate Buy$755.92
Energy Transfer (ET)
2.5017 of 5 stars
$12.88+2.2%9.55%9.61Buy$16.43
Compare These Stocks  Add These Stocks to My Watchlist 

Chris Markoch

About Chris Markoch

Contributing Author: Retirement, Individual Investing

Chris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.

Contact Chris Markoch via email at CTMarkoch@msn.com.
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