Looking for Stocks Yielding More Than 3%? Here Are 5 Dividend Payers to Buy

I'm a huge fan of dividends, and I assume if you're reading this you are, too. The problem today is that with interest rates so low, investors have bid up the stocks of dividend-paying companies in a desparate search for yield and, as you might expect, it's now hard to find a stock with a decent yield. But that doesn't mean you can't.

You just need to be willing to look at sectors that are -- let's be polite -- out of favor. Here are five stocks yielding more than 3% that are worth a deeper dive right now, even though they may operate in unloved sectors: ExxonMobil (NYSE:XOM), Chevron (NYSE:CVX), Phillips 66 (NYSE:PSX) and Valero Energy Corp (NYSE:VLO).

Source: Motley Fool

Related Articles:
- 8 Select High-Yield S&P 500 Dividend Stocks
- A Winning Investment Strategy
- 7 Dividend Stocks With A 20% Yield In 20 Years
- 5 Industrial Strength Dividend Growth Stocks With Yields In Excess Of 3%
- Finding Low Risk Dividend Stocks