3 High-Yield Dividend Stocks to Buy Right Now to Boost Your Passive Income
From Nasdaq: 2025-05-25 18:07:00
- Looking to boost your passive income? Consider buying dividend stocks with attractive yields, like Dominion Energy, Western Midstream Partners, and Chevron, recommended by Fool.com contributors. These stocks offer higher dividend yields than the S&P 500’s average.
- Dominion Energy is on a path to dividend growth as it focuses on strengthening its financial position and reducing its payout ratio. While dividends may not currently be growing, the 4.8% yield is attractive, with potential for future growth as the company progresses through its turnaround efforts.
- Western Midstream Partners, a master limited partnership, boasts a nearly 9.5% cash distribution yield. With stable cash flows, strong financials, and growth investments, the company aims to increase its distribution at a low to mid-single-digit rate in the future, providing a high-yielding income stream for investors.
- Chevron, offering a 5% yield, remains a reliable dividend stock with a history of stability and growth. The company’s plans for production growth, increasing cash flows, and potential acquisitions position it well for continued dividend increases, making it an attractive option for passive income seekers.
Read more at Nasdaq: 3 High-Yield Dividend Stocks to Buy Right Now to Boost Your Passive Income