The Best Dividend Stocks With Yields Over 7%

Since it is structured as a partnership, a good portion of those fees will be paid to us as limited partners. Right now, the yield on Enterprise Product Partners is a little over 9%.

With the arrival of a vaccine helping open up the economy in 2021, oil demand should begin to rise next year. Shares of Enterprise Product Partners could rise back to pre-pandemic levels, creating an opportunity for a 50% gain in addition to the dividends we will receive.

Finally, here is our best dividend stock today.

Collect 10% with This Dividend Sock

Bain Capital Specialty Finance Inc. (NYSE: BCSF) is a business development company that makes direct loans to middle-market companies. This BDC is associated with Bain Capital, leading private equity and alternative asset manager. The BDC uses Bain Capital Credit's Private Credit Group's experience and expertise to develop and evaluate loan opportunities.

That experience and expertise has helped Bain navigate the turbulent water so the pandemic. Just 0.02% of its total loan portfolio is in accrual status as of the end of the most recent quarter. The rest of the $2.4 billion loan portfolio was making payments.

Shares of Bain Specialty are currently trading at a 23% discount to the value of the loans it has on the books and are yielding over 10%.

At least two insiders think that's a bargain. Director Jeffrey Hawkins stepped up earlier this month and purchased $227,000 of stock right around current prices. On the same day, CEO Michael Ewald added $50,080 worth of share to his large position in the firm.

This next income investment pays close to the same dividend…

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Disclaimer: Any performance results described herein are not based on actual trading of securities but are instead based on a hypothetical trading account which entered and exited the suggested ...

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