3 Blue-Chip Dividend Stocks With High Yields
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For income investors relying on dividends, blue chip stocks offer relative safety and consistent income over the long term.
With the threat of inflation and market uncertainty due to tariffs, investors may want to opt for proven companies that have established, diversified business models.
This article will discuss 3 long-term blue-chip stocks with high dividend yields.
LyondellBasell Industries N.V. (LYB)
LyondellBasell is one the largest plastics, chemicals and refining companies in the world. The company provides materials and products that help advance solutions for food safety, water purity, fuel efficiency of vehicles, and functionality in electronics and appliances.
LyondellBasell sells products in more than 100 countries and is the world’s largest producer of polymer compounds. The company, with U.S operations headquartered in Houston, Texas and global operations headquartered in London, generated $40.3 billion in sales last year.
On January 31st, 2025, LyondellBasell posted its Q4 and full year results for the period ending December 31st, 2024. The company posted revenues of $9.45 billion, marking a sequential decline from $10.32 billion in Q3, due to softer demand and lower product pricing across key divisions.
The company posted adjusted EBITDA of $689 million, down from $1.21 billion in Q3, reflecting higher raw material costs, seasonally lower polyolefin demand, and compressed refining and oxyfuels margins amid weaker gasoline crack spreads.
Adjusted net income for Q4 was $249 million ($0.75 per share), down from $617 million ($1.88) in Q3. For the year, adjusted EPS was $6.40.
Over time LyondellBasell can drive earnings growth from a blend of organic growth and acquisitions. For example, the company paid $2.25 billion for the acquisition of A. Schulman, Inc in 2018, which doubled LyondellBasell’s compounding business.
It also gave the company exposure to new categories such as consumer products, appliances, and agriculture. Finally, the company recently launched a three-pillar strategy to create a more profitable and sustainable growth engine.
LYB has increased its dividend for 13 years and currently yields 7.1%.
Universal Health Realty Income Trust (UHT)
Universal Health Realty Income Trust operates as a real estate investment trust (REIT), specializing in the healthcare sector. The trust owns healthcare and human service-related facilities.
Its property portfolio includes acute care hospitals, medical office buildings, rehabilitation hospitals, behavioral healthcare facilities, sub-acute care facilities and childcare centers.
Universal Health’s portfolio consists of 76 properties located in 21 states.
On February 26, 2025, Universal Health Realty Income Trust (UHT) reported its financial results for the fourth quarter of 2024. The company achieved net income of $4.7 million, or $0.34 per diluted share, marking an increase from $3.6 million, or $0.26 per diluted share, in the same period of 2023.
This improvement was driven by a net increase in income from various properties, partially offset by higher interest expenses due to increased borrowing rates and outstanding borrowings under the revolving credit agreement.
Funds from operations (FFO) for the quarter were $11.8 million, or $0.85 per diluted share, up from $11.4 million, or $0.82 per diluted share, in the prior year’s fourth quarter.
UHT currently has a 7.0% dividend yield and a secure payout. These are arguably the most important metrics for income investors.
REITs are required to distribute at least 90% of their taxable income, and in exchange, do not pay income tax at the top level. The trust has also increased its dividend for 40 consecutive years.
Kenvue Inc. (KVUE)
Kenvue Inc. (KVUE) is a consumer healthcare company that was spun off from Johnson & Johnson. Kenvue has three segments, including Self Care, Skin Health and Beauty, and Essential Health.
Self-Care’s product portfolio includes cough, cold, allergy, smoking cessation, and pain care products among others. Skin Health and Beauty holds products such as face, body, hair, and sun care. Essential Health contains products for women’s health, wound care, oral care, and baby care.
Well-known brands in Kenvue’s product line up include Tylenol, Listerine, Band-Aid, Neutrogena, Nicorette, and Zyrtec. These businesses contributed approximately 17% of Johnson & Johnson’s annual revenue.
While Kenvue is a new, standalone business, it carries Johnson & Johnson’s 60+ year dividend increase streak. On July 25th, 2024, Kenvue announced that it was raising its quarterly dividend 2.5% to $0.205.
On February 6th, the company released fourth-quarter and full-year financial results. Fourth-quarter net sales declined 0.1% year-over-year, although organic sales increased 1.7%, offset by unfavorable currency translation. Fourth-quarter adjusted diluted earnings per share fell to $0.26 from $0.31 in the prior-year period.
For the full year, net sales rose 0.1% due to organic growth of 1.5%, partially offset by currency translation. Organic sales growth was driven by 2.7% price increases, partially offset by 1.2% volume decline.
KVUE stock currently yields 3.4%.
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