2 Large Dividend Stocks with 9% Yields; Analysts Say ‘Buy’

Wall Street’s major names are firming up their year-end estimates with only seven weeks remaining in 2021.

Morgan Stanley’s top U.S. equities strategist, Mike Wilson, has set a target of 4,400 for the S&P 500 by the end of 2022. This translates to a 6% drop from present levels. Wilson cites a number of variables that are expected to affect the markets in his estimate, including “uncertainty around that expectation goes up considerably given cost pressures, supply concerns, as well as tax and policy uncertainty that is particular to the US.”

It’s still unclear how the market will perform in the future year. Meanwhile, Wall Street experts are identifying the stocks that are likely to attract investor attention. The presence of high-yield dividend payers among the experts’ selections should come as no surprise; these stocks have traditionally been significant components of a defensive portfolio.

We were able to find two such options using the TipRanks database, ‘Strong Buy’ dividend stocks with extensive records of reliability and large yields on the order of 9%. Let’s look at it more closely.

MPLX LP (MPLX)

MPLX, a large-cap master limited partnership firm founded by Marathon Petroleum in 2012 to own and run the parent company’s midstream assets…