3 Underrated High-Yield Dividend Stocks to Buy Now and Hold Forever

A high-octane, high-yield dividend stock Matt DiLallo (Phillips 66): Phillips 66 tends to fly under the radar of most investors. While it offers a high dividend yield at 3.3%, it's not as high as other energy dividend stocks (though it is more than double the S&P 500's 1.3% yield). Its refining and logistics business isn't the most exciting in the world, either, especially amid the current transition to lower-carbon energy. Phillips 66 also continues to make accretive acquisitions. It bought Pinnacle Midstr ...