According to Trivariate Research founder and CEO Adam Parker, stocks paying high dividend yields could become “increasingly important” to investors’ portfolios. High-yield stocks outperformed the market when the dot-com bubble burst and the Federal Reserve cut rates, Morgan Stanley’s former chief equity strategist said in a recent note. In the current higher interest rate environment, dividend-paying assets can become key to building a portfolio, Parker said. “Over the long term, dividends account for 35% of all equity returns, but have averaged just 16% over the past decade. Low 10-year Treasury yields are a potential reason,” Parker wrote. “We think dividends could be more important to stock returns over the next decade than in the past, more in line with long-term averages.” The research firm provided a list of stocks that have grown their dividends for 10 straight years and are in the top half of its quantitative model. Take a look at some of the names and where analysts see them going in the future. Energy company Chevron, the largest company by market cap on the list, offers a dividend yield of 3.7%. The company released preliminary results for the second quarter ahead of their actual announcement on Friday. Chevron said it issued $2.8 billion in dividends and $4.4 billion in share buybacks in the latest quarter. Nearly 50% of analysts covering the stock have either a strong buy or buy rating on the stock, according to Refinitiv. Shares fell 9.4% year-to-date. Telecom giant Verizon also made the cut. The telecommunications giant has a dividend yield of 7.6%. The company reported mixed results for the second quarter, reporting earnings per share of $1.21, excluding items, compared with analysts’ forecast of $1.17 per share, according to FactSet. Revenue of $32.6 billion was below expectations of $33.3 billion. Sure, 20 of 29 analysts covering the stock are holding, according to Refinitiv. The average price target for the stock suggests about 21% upside. Shares are down 13% in 2023. Another name on Trivariate’s list, Philip Morris, could rise nearly 17% in the coming months, according to analysts polled by Refinitiv. The tobacco giant pays a dividend yield of 5.2%. Three-quarters of analysts covering the company have either a strong buy or buy rating on the stock, according to Refinitiv. Philip Morris recently reported higher profit in its latest quarter, which CEO Jacek Olczak attributed to growth in non-smoking products. Shares are down 4% year-to-date. IBM is another high and stable yielding stock named Trivariate with a dividend yield of 4.7%. The company recently reported that it beat profit but missed revenue in the second quarter. Shares traded near the flat line in 2023. — CNBC’s Michael Bloom contributed to this report.