Chevron, UPS, and VICI Among Top Dividend Stocks With Yields Over 3%

The recent rise in US Treasury yields has made government bonds more attractive to investors, competing directly with dividends from stocks. As a result, reliable and steadily growing dividend payers are drawing attention for their potential to provide stable income.

One such stock is Chevron (CVX), a global integrated energy company that explores for, produces, refines, and markets oil, gas, fuels, and petrochemicals. With operations in both the US and internationally, Chevron generates significant cash flow that supports its high-yielding dividend payout.

The company's focus on large-scale operations in the Permian Basin and other areas has driven record production growth, which is expected to continue with lower capital expenditures per barrel. This trend could maintain Chevron's revenue and free cash flow despite fluctuations in energy markets.