1 Super-Safe High-Yield Dividend Stock You Won't Want to Overlook
Williams (NYSE: WMB) has flown under the radar of many investors. It's not as big as some of its rivals in the energy midstream sector. It also doesn't offer quite as high a dividend yield as some of its more popular peers.
However, Williams' 5.1%-yielding dividend is on a super safe foundation. Further, the company has a lot of fuel to grow its payout in the future. That's why income-focused investors won't want to overlook the pipeline stock.
Williams produces over $5 billion in cash flow each year. More than 90% of its earnings come from government-regulated rate structures or long-term, fixed-rate contracts. That steady cash flow puts its dividend on a very solid foundation.
Source Fool.com
