Even With Rising Treasury Yields, I'd Still Rather Buy This Unstoppable Dividend Stock for Passive Income.

Key Points Its dividend has risen annually for 55 straight years, making it a Dividend King. Target has begun to reinvigorate its business, leading to a return in net sales growth. Despite its improvements, Target's stock valuation remains well below that of Walmart and Costco. 10 stocks we like better than Target › The yield on the 10-year Treasury is currently hovering close to 5%. On the surface at least, that level of return undermines the case for dividend stocks. Since Treasuries are effectively risk-free, their returns are guaranteed, whereas dividend stocks do not guarantee share price gains or dividend payments. Fortunately, I own a high-yielding dividend stock that is on the rise.