3 High-Yield Dividend Stocks Worth Buying Now

High yield means little without coverage; cash flow is what keeps distributions alive.

Midstream companies like Hess and Antero pair reliable payouts with growth and buybacks.

Alliance Resource Partners offers standout double-digit income, backed by a solid coverage cushion.

Income investors know the energy and materials sectors can be a minefield. The payouts look generous, but the businesses are often tied to volatile commodities and shifting regulations. To me, the sweet spot is where the distributions are high, but the energy and materials companies themselves keep talking about coverage, growth, and balance sheet health in their own releases. That is usually where a headline yield is more likely to be durable rather than just seductive.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »

Hess Midstream (NYSE: HESM) sits in that camp. In April, the company's board declared a quarterly cash distribution of $0.7792 per Class A share for the first quarter of 2026, noting that this was an increase of just over $0.015 per share from the prior quarter. Management tied that increase to accretive unit repurchases and higher adjusted free cash flow, and then raised its full-year 2026 adjusted free cash flow guidance to $910 million to $960 million.

What caught my eye is the language around distribution growth. Hess Midstream expects its distributions per Class A share to grow at least 5% per year, supported by free cash flow after distributions of roughly $280 million at the midpoint of guidance. When a midstream operator is openly targeting growth and still expects cash left over after paying unitholders, that is a healthier story than a static payout financed by hope.

Black Stone Minerals, L.P. (NYSE: BSM) fits neatly into that "high payout, honest about coverage" bucket. In its first-quarter 2026 release, the partnership declared a $0.30-per-unit distribution and reported a 1.20x coverage ratio, meaning it generated about 20% more distributable cash than it sent to unitholders.