3 High-Yield Dividend Stocks to Buy Now

·5 min read
3 High-Yield Dividend Stocks to Buy Now

Companies with limited growth prospects tend to use dividends and stock buybacks to drive shareholder returns. Dow (NYSE: DOW) and Kinder Morgan (NYSE: KMI) have limited spending plans, which ensures free cash flow (FCF) can easily cover the dividend. Meanwhile, Devon Energy (NYSE: DVN) directly passes along its profits to shareholders through a variable dividend.