in our free newsletter.

Thousands benefit from our email every week.

AT&T (T)

We pay our cell phone bills and Internet bills every month. If you want to get even, consider collecting dividends from companies that provide these services.

AT&T, for instance, is one of the largest telecommunications companies in the world. More than 100 million consumers in the U.S. use its mobile and broadband services. At the same time, the company also serves nearly all Fortune 1000 companies with connectivity and smart solutions.

And because wireless and Internet services are necessities for the modern economy, AT&T generates a recurring business through thick and thin.

The company pays quarterly dividends of 27.75 cents per share, translating to an annual yield of 5.9%.

Raymond James analyst Frank Louthan has a ‘strong buy’ rating on AT&T and a price target of $24. Considering that AT&T shares currently trade at around $18.90 a piece, the price target implies a potential upside of 27%.

Fine wine is a sweet comfort in any situation — and now it can make your investment portfolio a little more comfortable, too. Now a platform called Vinovest helps everyday buyers invest in fine wines — no sommelier certification required.

Invest Now

Realty Income (O)

Realty Income is a real estate investment trust with a portfolio of over 11,700 properties that are under long-term lease agreements.

Its top tenants include big names like Walmart, CVS Pharmacy, and Walgreens — companies that have survived and thrived through thick and thin.

In fact, the REIT claims that it collects around 43% of its total rent from investment-grade tenants. A diversified, high-quality tenant base allows Realty Income to pay reliable dividends.

Moreover, while most dividend-paying companies follow a quarterly distribution schedule, Realty Income pays its shareholders every month.

The stock currently yields 4.6%.

Morgan Stanley analyst Ronald Kamdem has an ‘overweight’ rating on Realty Income and a price target of $74 — roughly 13% above the current levels.

MPLX (MPLX)

MPLX isn’t a household name like AT&T. But for the serious yield-hunters, it’s a stock that probably shouldn’t be ignored.

Headquartered in Findlay, Ohio, MPLX is a master limited partnership created by Marathon Petroleum to own, operate, develop and acquire midstream energy infrastructure assets.

The partnership pays quarterly cash distributions of 77.50 cents per unit. With the stock trading at $33.73, that translates into a chunky annual dividend yield of 9.2%.

In Q3, MPLX generated $1.26 billion of distributable cash flow, which provided 1.58 times coverage for its cash distributions for the quarter.

The stock is also up 12.8% year to date, in stark contrast with the S&P 500’s double-digit loss during the same period.

Wells Fargo analyst Michael Blum sees further upside on the horizon. Blum has an ‘overweight’ rating on MPLX and a price target of $40, about 19% worth of upside from where the stock sits today.

Get a piece of commercial real estate

Enhance your portfolio with high-return commercial real estate

First National Realty Partners is the #1 option for accredited investors seeking superior risk-adjusted returns in the grocery-anchored necessity-based retail space.

While commercial real estate has always been reserved for a few elite investors, outperforming the S&P 500 over a 25-year period, First National Realty Partners allows you to access institutional-quality commercial real estate investments — without the leg work of finding deals yourself.

Invest with First National Realty Partners now.

What to Read Next

Disclaimer

The content provided on Moneywise is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter.