There is no shortage of stocks with dividends these days. But all these stocks are not worth chasing as they may not have strong dividend yields every year. High-quality stocks with dividends that offer good yields are increasingly short in supply, especially with the markets going to all-time highs in the recent past. The value of most stocks is very high as investors know very well that prices and yields move in opposite directions. As the prices rise, the yields on the index are plumbing lower. Here are a few stocks with strong fundamentals, stable cash flows, and reassuring dividend payouts year on year:

AT&T
AT&T has long been one of the highest dividend-paying stocks in the S&P 500. The telecom and media giants’ shares have rewarded investors with regular dividend income, thereby focusing on paying investors rather than plowing its cash back into growth. The company is very stable financially and is a leader in the 5G revolution. The shares seem reasonably priced at fewer than ten times its forward earnings. The acquisition of Time Warner also gives AT&T a great degree of vertical integration, which combines its operations as a cable provider with the ownership of popular channels like CNN, TNT, Comedy Central, and MTV, among many others.

Oneok (OKE)
Oneok Inc. engages in gathering, processing, transporting, and storing natural gas. The energy company owns and operates natural gas gathering pipelines and processing plants. Oneok has been delivering yields above 4% for the last couple of years. The company’s dividend payout ratio, or the percentage of earning required to pay the dividends, sits at a fabulous 273%. With the current expected yield of around 8% this year, Oneok is an attractive investment option.

Exxon Mobil
Energy stocks have had a good run in the past few months. The S&P Energy Select Sector Index is up 44% year to date. ExxonMobil’s is a good buy now because energy prices have risen post covid lockdown, and this stock’s yields have been good. The stock has been giving an average yield of 5.9% in the last few years.

Lumen Technologies
Lumen Technologies is a facilities-based technology and communications company that provides various integrated services and solutions under CenturyLink’s name to business and residential customers in the United States and internationally. Lumen has been a high-yielding stock with a return averaging more than 5% per annum. They are in negotiations to sell some of its consumer assets, which will help reduce the company’s debts. This sale will make the stock more attractive to invest in.

Kinder Morgan
Kinder Morgan is the second-largest publicly traded oil and gas company in the country, with a yield of around 6.3% on shares. The company owns and operates around 83,000 miles of pipelines across the country. Based on last years’ worth of payments, Kinder Morgan stock yields around 6.4% on the share price. The company paid out around 62% of its free cash flows dividend, an average range for most companies.

Altria Group Inc.
The tobacco behemoth Altria Group, famous for its Marlboro brand, has given good returns in the last year despite the covid lockdown. They have an average dividend yield of 7.21% last year. The cigarette shipments are expected to go up once the lockdown eases most parts of the world and travel resumes. Altria has been making investments in Cannabis companies, which makes it an attractive buy assuring better yields, considering the increasing demand for Cannabis. The company has paid increased dividends every year since 1970. The company reached the elite club of Dividend King in 2019, which applies to companies that have boosted their dividends for at least 50years in a row.