investing for income is a difficult task right now the federal reserve has kept interest rates at zero since the coronavirus pandemic leading to lower yields across fixed income stocks aren’t much better as recordhigh share prices has reduced the average dividend yield of the sp 500 index to just 13 but income investors can still find high dividend stocks with strong yields and secure payouts these 19 highyield stocks have attractive yields above 5 chevron is a wellknown dividend growth stock as it is on the prestigious dividend aristocrats list the company has increased its dividend for over 30 years in a row chevron is an integrated supermajor with large upstream exploration and production and downstream refining and marketing segments in the 2021 second quarter chevron grew its production 46 over the prior year’s quarter the average realized price of oil of chevron essentially tripled over last year’s quarter and thus chevron switched from an adjusted loss of 156 per share to an adjusted profit of 171 per share thanks to the strong recovery of the oil price and the improved outlook for refining margins chevron raised its dividend by 39 this year shares currently yield 54 altria group is a legendary dividend stock it has increased its dividend for over 50 years making the stock a dividend king the company manufactures tobacco products including the marlboro cigarette brand in the us as well as chewing tobacco and cigars in response to the longrunning trend of declining smoking rates in the us altria has invested heavily in adjacent categories for growth altria purchased a 55 equity stake in canadian marijuana producer cronos group invested nearly 13 billion for a 35 equity stake in evapor manufacturer juul labs and the company owns 10 of anheuserbusch inbev bud altria will also continue to expand its own heated tobacco products iqos and marlboro heatsticks in 2021 shares currently yield 71 like chevron exxon mobil is also a dividend aristocrat and is a global energy supermajor in the second quarter exxon’s production in the permian grew 34 over last year’s quarter but total production dipped 2 due to maintenance activity however the chemical segment posted record earnings of 23 billion thanks to high margins in addition the upstream segment thrived thanks to the rally of the price of oil which resulted from the deep production cuts of opec and russia and the recovery from the pandemic as a result exxon switched from an adjusted loss of 070 per share in last year’s quarter to an adjusted profit of 110 per share att is a telecom giant with a 74 dividend yield att is a telecommunications giant as its core communications segment provides mobile broadband and video to 100 million us consumers and 3 million businesses in the 2021 second quarter att generated 7 growth in revenue and adjusted earningspershare att has announced a deal to combine warnermedia with discovery inc disca to create a new global entertainment company att will receive 43 billion in a combination of cash securities and retention of debt we believe these various deals with allow att to simplify its operations become more efficient and return to its core focus on telecom services such as 5g rollout enterprise products partners is a premier mlp with a huge network of assets that includes 50000 miles of natural gas natural gas liquids crude oil and refined products pipelines it also has storage capacity of more than 250 million barrels in the 2021 second quarter distributable cash flow covered the distribution by 16x additionally volumes experienced 5 growth yearoveryear enterprise products partners is one of the safest midstream mlps it has credit ratings of bbb from standard  poor’s and baa1 from moody’s and a modest leverage ratio of 324x in the trailing 12 months the company has increased its distribution to unitholders for 22 consecutive years enterprise products is a bluechip stock with an 81 yield mplx lp is a master limited partnership that was formed by the marathon petroleum corporation mpc in 2012 the business operates in two segments logistics and storage – which relates to crude oil and refined petroleum products – and gathering and processing – which relates to natural gas and natural gas liquids ngls in the 2021 second quarter adjusted ebitda rose 12 while distributable cash flow increased 22 the company is also a rare mlp in that it has an active buyback program in place mplx repurchased 155 million of its own units in the second quarter mplx units currently yields over 9 distribution coverage was a very healthy 173x compared to 139x in the second quarter of 2020 british american tobacco is one of the world’s largest tobacco companies british american tobacco owns many tobacco brands including kool benson  hedges dunhill kent and lucky strike in the 2021 first half bti’s adjusted revenue and adjusted earningspershare increased 81 and 61 respectively combustible product revenue increased 58 while growth in the new categories segment which includes vapor heated tobacco and modern oral products increased 50 in constant currencies for the full year bti expects fullyear constantcurrency revenue growth above 5 along with midsingledigit adjusted eps growth due largely to growth in new categories this should help protect the dividend which yields nearly 8 wp carey is a commercial reit that operates two segments real estate ownership and investment management the reit operates more than 1200 single tenant properties on a net lease basis across the us and northern and western europe its asset management business has aum of approximately 28 billion in the 2021 second quarter total revenue increased 10 to 320 million adjusted eps increased 11 to 127 the company also narrowed its fullyear guidance now expecting adjusted ffopershare in a range of 494 to 502 for the full year wpc stock yields 54 and the company has increased its dividend every year since 1998 magellan midstream is an mlp with the longest pipeline system of refined products which is linked to nearly half of the total us refining capacity mmp has a feebased model as only 10 of its operating income depends on commodity prices distributable cash increased 28 last quarter mmp has more than 500 million of potential growth projects under consideration this should secure the distribution which currently yields 85 mmp also has strong coverage with a dcf coverage ratio of 117x expected for 2021 and a solid balance sheet with an investmentgrade credit rating of bbb from standard  poor’s and a debttoebitda ratio of 375x at of the end of the 2021 first quarter universal corporation is the world’s largest leaf tobacco exporter and importer it is the wholesale purchaser and processor of tobacco that operates between farms and the companies that manufacture cigarettes pipe tobacco and cigars in the most recent fiscal quarter revenue declined 2 due to lower tobacco volumes but adjusted eps jumped 36 fullyear adjusted eps was 425 the company is shifting its business model to include processing of produce to diversify universal acquired fruitsmart an independent specialty fruit and vegetable ingredient processor it also acquired silva international a dehydrated vegetable fruit and herb processing company universal corporation is a member of the exclusive dividend kings list due to its 50 years of annual dividend increases shares currently yield 62 omega healthcare investors is one of the premier skilled nursing focused healthcare reits it also generates about 20 of its annual revenue from senior housing developments its current portfolio includes over 950 properties spread across 70 operates in over 40 states and the uk ohi is a major beneficiary of the aging us population a huge trend that will result in higher demand for healthcare facilities moving forward ohi recently reported secondquarter results which showed resilience in the face of the coronavirus pandemic adjusted ffopershare of 085 increased 49 yearoveryear omega collected over 99 of contractual rent and mortgage payments in the quarter sunoco is an mlp currently yielding over 9 sunoco is a master limited partnership that distributes fuel products through its wholesale and retail business units the wholesale unit purchases fuel products from refiners and sells those products to both its own and independentlyowned dealers sunoco is the largest fuel distributor in the us but also operates a small number of retail stores and a terminal facility in hawaii in the 2021 second quarter net income of 166 million increased 57 yearoveryear while adjusted ebitda increased 104 gallons of fuel sold rose 28 yearoveryear sunoco had a distribution coverage ratio of 167x in the most recent quarter and 141x in the trailing four quarters enbridge is a midstream oil and gas company headquartered in canada and operates in four segments liquids pipelines gas transmission gas distribution and green power the company transports approximately 25 of north america’s crude oil and 20 of the natural gas consumed in the us enbridge has grown its dividend in cad for 26 consecutive years at a 10 average annual rate revenue soared 47 in the 2021 second quarter due to higher commodity prices primarily adjusted ebitda of cad33 billion was flat for the quarter distributable cash flows totaled cad25 billion which equates to us20 billion or us098 on a pershare basis which was up 3 year over year main street is a business development company or bdc it is especially appealing for income investors as it has a 59 yield and it is also a monthly dividend stock the company operates as a debt and equity investor for lower middle market companies those with 10150 million of annual revenues seeking to transform their capital structures the bdc has the capability to invest in both debt and equity main street capital corporation also invests in the private debt of middle market companies and has an asset management advisory business main street has never reduced its monthly dividend payout since its 2007 ipo and has raised the dividend by over 80 since it went public main street has paid cumulative dividends exceeding 31 per share since its initial public offering pennsylvania power  light company or ppl owns and distributes power to more than 10 million people in the us and the uk ppl is the parent company of seven regulated utility companies and provides electricity to customers in the pennsylvania kentucky virginia and tennessee ppl also delivers natural gas to customers in kentucky about 78 million of the company’s customers are located in the uk on 6142021 ppl closed the previously announced sale of its uk business to national grid plc ngg for 107 billion the company expects to repurchase up to 3 billion worth of shares including 500 million by the end of this year in a separate transaction ppl will acquire the narragansett electric company from a subsidiary of national grid for 38 billion this transaction should close in march of 2022 bg foods is a notable outlier among consumer staples stocks as it has a 64 dividend yield which towers above its peer group it is a consumer staples company with operations in the us canada and puerto rico some of the company’s wellknown brands include green giant cream of wheat cary’s ortega mrs dash and maple grove farms with 50 brands in total on december 1st 2020 bg foods completed the acquisition of crisco the company’s product portfolio focuses on shelfstable frozen and snack brands in the most recent quarter the company recorded revenue of 4644 million which was a 94 decrease compared to q2 2020 as the company lapped strong results from pantrystocking at the beginning of the covid19 pandemic canadian utilities is a utility with 20 billion in assets the company is a diversified global energy infrastructure corporation delivering solutions in electricity pipelines  liquid and retail energy with the utility segment making up the bulk of earnings canadian utilities has increased its dividend for 49 years in its home currency which according to the company is the longest track record of annual dividend increases for any publicly traded company in canada canadian utilities’ competitive advantage lies in the moat of being a regulated utility due to the barriers to entry regulated utilities enjoy an oligopolistic market with little competition threat despite multiple recessions the company has withstood every one of them while raising its dividend shares currently yield just over 5 iron mountain is a storage and information management reit its services include record management destruction fulfillment services data protection and recovery server and computer backup services and safeguarding of electronic and physical media management updated and increased its guidance for this year’s adjusted ffopershare to a range of 328 to 345 which would mean a meaningful improvement versus the affopershare that the company generated in 2020 iron mountain’s focus on secure data storage is a competitive advantage the trust is active in a range of geographic markets across the us and internationally and plans to expand its international operations further sl green is a commercial reit it is manhattan’s largest office landlord and currently has an interest in 77 buildings totaling 35 million square feet the current climate is difficult for slg as it has been significantly impacted by the coronavirus pandemic but there are signs of recovery emerging when it comes to manhattan office and retail real estate slg benefits from reliable growth in rental rates in one of the most popular commercial areas in the world manhattan the reit pursues growth by acquiring attractive properties and raising rental rates in its existing properties it also signs multiyear contracts 715 years with its tenants in order to secure reliable cash flows shares currently yield 51 this article originally appeared on the financially independent millennial and was republished with permission  photo unsplash