Pfizer, Kraft, and UPS All Yield More Than 6%. Which of These Dividend Stocks Is the Safest Option Today?

Key Points Pfizer, UPS, and Kraft are all high-yielding stocks that come with varying levels of risk. They're all generating positive free cash flow, but their payout ratios don't look good. 10 stocks we like better than Pfizer › Chasing high-yielding stocks can be risky. Dividend payments are, after all, never a guarantee. If a company runs into a situation where it needs to divert more cash to growth initiatives or simply can no longer afford to pay the dividend, it may have little choice but to cut or possibly even suspend its payout. Three popular dividend stocks that are paying more than 6% right now include Pfizer (NYSE:PFE) , United Parcel Service (NYSE:UPS) , and Kraft Heinz (NYSE:KHC) .