There are currently 42 stocks in the Russell 1,000 that have dividend yields of more than 6%. These 42 stocks are listed in the table below. Given that every single one of these stocks is down on a year-to-date basis, and many are down 30-50%, the stability of these dividends is certainly in question. Many names on the list are from the beaten-down Energy sector. Antero Midstream (AM) has an indicated yield of 21.77% at the moment, followed by ONEOK (OKE) at 14%. Other Energy names on the list include Exxon Mobil (XOM) with its yield of 9.19%, Valero Energy (VLO) at 8.23%, and Marathon Petroleum (MPC) at 7.32%.
One of the only stocks on the list that’s not from the Energy, Financials, or Real Estate sectors is AT&T (T). AT&T is still down more than 20% year-to-date, and it has an indicated yield of 7.12%. Click here to view Bespoke’s premium membership options for our best research available.