As Crude Oil Prices Whipsaw, Buy These 3 High-Yield Dividend Stocks Now
- Westlake Chemical Partners (WLKP): 10.11% yield, low beta, renewed ethylene sales pact through 2027, forward P/E 12.26×, payout ratio ~136% but cash‑flow stable.
- Suncoke Energy (SXC): 7.66% yield, low beta, benefits from higher energy prices, strong distributable cash flow, recent dividend increase.
- AngloGold Ashanti (AU): 3.37% yield, low beta, gold exposure adds inflation hedge, dividend cut risk minimal.
- U.S. equity markets: S&P 500, Dow, Nasdaq slipped to three‑month lows as oil price spikes stoked inflation concerns.
- Strait of Hormuz: effectively closed after IRGC threats, tightening supply and driving oil price volatility.
Crude oil spiked above $119 before falling to $87 after Iranian depot attacks, sending U.S. indices to three‑month lows, while three low‑beta, high‑yield material stocks—Westlake Chemical Partners, Suncoke Energy, and AngloGold Ashanti—offer steadier income amid the turbulence.
