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PSXP - Looking for Yield? These 5 Top Stocks Pay More Than 5%.
Phillips 66 Partners LP representing limited partner interest in the Partnership
With stock prices surging in the past year, dividend yields have gone in the opposite direction. The current average across the S&P 500 is down to 1.75% after the index has rallied 27% in the past year.
However, income-seeking investors still have some places they can go to collect a well-above-average payout. One of those is the energy midstream sector, where yields remain high because of all the turbulence in the oil market in recent years. Here are five great options yielding at least 5%.