Seeking at Least 7% Dividend Yield? Analysts Suggest 2 Dividend Stocks Worth Buying

We’re officially in the holiday shopping season, and that makes this a good time to shore up the investment portfolio’s revenue stream. There are plenty of strategies to maximize investment income, and one of the more popular approaches is dividend investing.

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Dividend stocks are usually viewed as a defensive choice, but they can deliver meaningful benefits in a bull market as well. The most obvious is the dividend itself – a steady cash payment that contributes directly to total return. And because dividends are paid in cash, they offer flexibility: they can cover current expenses or be reinvested to buy additional shares, setting the stage for higher income over time.

The best dividend stocks will feature two attributes: a high yield and a reliable payment history. Together, these attributes improve the dividend’s value and ensure that you can plan on it. Added to strong fundamentals on the stock, it all adds up to a solid portfolio addition.

Against this backdrop, we’ve used the TipRanks database to look up some dividend payers that offer payment yields of 7% or better – and that the Street’s analysts suggest are worth buying. Let’s give these dividend champs a closer look.

MPLX LP (MPLX)

First up, MPLX, a master limited partnership company that was formed by Marathon Petroleum to own and operate a network of energy industry midstream and logistics assets. In addition, MPLX also provides fuel distribution services. MPLX is a large-cap operator, with a $55 billion market cap valuation and nearly $12 billion in annual revenues.

This midstream company’s asset network covers large swaths of the lower 48 states and includes natural gas gathering and processing facilities, light and heavy oil product terminals, maritime transport and terminal facilities, inland river transport, above-ground and below-ground storage facilities, and the pipelines necessary to connect all of this together.

In an important announcement made earlier this month, MPLX made public its letter of intent with the Florida-based digital asset and crypto miner MARA Holdings. The letter outlines an initiative under which MPLX will support the supply of natural gas to planned integrated power generation facilities and state-of-the-art data center campuses in West Texas. MPLX will provide the gas directly from its processing plants in the rich Delaware Basin, ensuring a steady source of fuel to power MARA’s operations – and a source of electricity for MPLX. The planned collaboration is still under negotiation.

Meanwhile, back at the end of October, the company declared its quarterly dividend and implemented a 12.5% increase in the payment. The new dividend, of $1.0765 per common share, was paid out on November 14. The annualized dividend payment of $4.30 per common share gives a forward yield of 7.85%.

In its 3Q25 earnings report, MPLX reported a top line of $3.62 billion, for a 22% year-over-year increase. The company’s revenue in the quarter beat the forecast by $460.3 million. At its bottom line, MPLX’s EPS came to $1.52, ahead of the consensus estimate by $0.44 and more than enough to fully cover the dividend payment. The company reported a distributable cash flow in the quarter of $1.5 billion, which allowed for $1.1 billion in capital to be returned to shareholders.

RBC’s Elvira Scotto, an analyst ranked among the top 4% on Wall Street and an expert on the energy industry, likes this stock – especially its potential to continue delivering dividend increases. The 5-star analyst writes of this midstream leader, “We believe MPLX has good visibility for growth into 2026 and beyond given project timelines that can largely drive its mid-single digit annual EBITDA growth target and support incremental distribution increases. We continue to view MPLX as one of the most compelling income plays among large-cap MLPs with an attractive current yield of ~8% and plans to grow further.”

Scotto quantifies her stance on MPLX with an Outperform (Buy) rating and a $60 price target that suggests a one-year share appreciation of nearly 9%. Add in the dividend yield, and this stock’s total one-year return could exceed 16%. (To watch Scotto’s track record, click here)

Overall, there are 8 recent reviews on record for MPLX, and the split of 5 Buys to 3 Holds gives a Moderate Buy consensus rating. The stock is priced at $55.85, and its average target price of $58.88 implies it will gain 7% in the coming year. (See MPLX stock forecast)