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https://i-invdn-com.akamaized.net/news/LYNXNPEAAP0BV_M.jpgAs a result, Treasury yields dipped slightly on May 26. The 10-year benchmark Treasury yield stood at 1.56%. The Fed’s plan to hold interest rates at near zero levels in the short term, coupled with increasing market volatility and declining Treasury yields, has been motivating investors to focus on high-yield dividend paying stocks.
Northrop Grumman Corporation (NYSE:NOC), Sysco Corporation (NYSE:SYY) and The Mosaic Company (NYSE:MOS) hiked their quarterly dividend payouts recently based on strong performance and stable cash flows. We think their strong fundamentals and growth potential should allow them to sustain their payouts over the long term, making them attractive investment bets now.