Dividend stocks have always been attractive for investors seeking a steady income stream. However, finding stocks with high yields can be challenging in the current low-interest rate environment.

However, several companies offer a solid dividend return, with yields well above average. This article will discuss my picks for dividend stocks with 4.5% and 5.1% yields. These stocks offer a steady income stream and the potential for long-term capital appreciation.

As a result, these dividend stocks are a great place to start for investors looking to add income-generating stocks to their portfolios. They offer a combination of stability, growth, and income and have a track record of paying out dividends regularly.

DS Smith

DS Smith is a company that has been performing well in recent years, with a 4.5% dividend yield for 2022. Despite a drop of 2.8%, the company has a price-to-earnings ratio of 8.5, making it a good value investment.

In addition, in the half-year results, the company showed promising growth with a 25.78% increase in revenue and a 48% increase in EBITDA. These results and the dividends paid make DS Smith a great option for investing in dividend stocks.

DS Smith is a leading player in the packaging and paper industry. It provides sustainable packaging solutions to various industries, including consumer goods, e-commerce, and retail. The company strongly focuses on sustainability, using recycled materials in their products and continuously reducing their environmental impact.

SSE

SSE is a dividend stock performing well in the stock market. The company has a 5.1% dividend yield, a significant return on investment for those looking for steady income from their stock portfolio.

In addition, in the last 12 months leading up to January 2023, SSE’s share price rose 10%, outpacing the FTSE 100 index, which only saw a 3.8% increase. This strong performance has led analysts to believe that SSE will continue to have a strong year in 2023.

In a recent statement, the company expressed positivity about its first-quarter results with a 30-point rise and signaled that they plan to increase dividends by over 6% in 2023. This confidence in the company’s future performance and financial stability is a good sign for investors.

SSE (Scottish and Southern Energy) is an energy company based in the United Kingdom. It primarily generates, distributes, and supplies electricity and gas to Great Britain and Ireland customers.

In addition, the company has a diverse portfolio of energy assets, including hydropower, wind farms, gas-fired power stations, and conventional thermal power. SSE is a goliath energy company in the UK, serving over 7 million customers and focusing on delivering sustainable and low-carbon energy solutions.