3 Ultra-High-Yield Dividend Stocks You Can Buy and Hold Forever

Group 1: Ares Capital - Ares Capital is the largest publicly traded business development company (BDC) that primarily finances middle-market businesses with annual revenues between $10 million and$1 billion [2][4] - The company offers an attractive forward dividend yield of over 8% and has shown the highest base dividend per share growth among BDCs with a market cap of at least $700 million over the past decade [3][6] - Ares Capital's total addressable market is estimated to be around$3 trillion for traditional middle-market businesses and approximately $5.4 trillion if including companies with revenues above$1 billion [5] Group 2: Enterprise Products Partners - Enterprise Products Partners operates over 50,000 miles of pipeline in the U.S., transporting crude oil, natural gas, and petrochemicals, and offers a forward yield of 6.4% [7][8] - The company has increased its distribution for 26 consecutive years, indicating strong performance and reliability [8] - Enterprise is investing $7.6 billion in major capital projects, positioning itself well for future growth in energy infrastructure [9][10] Group 3: Pfizer - Pfizer is a well-known pharmaceutical company with a forward dividend yield of 6.6%, and it is committed to maintaining and growing its dividend [11][12] - The company faces a potential patent cliff with several top-selling products losing U.S. patent exclusivity in the coming years, but it has strategically used cash from COVID-19 product sales to fund acquisitions that will drive future growth [13] - Pfizer has a long history of navigating patent cliffs successfully, having been in business since 1849 and publicly traded since 1942 [14]