During periods of stock market weakness, investors can still generate yield from high-quality dividend stocks. The Federal Reserve has already raised interest rates by 0.75% so far in 2022, but there are plenty of high-yield dividend stocks paying 6% or more at current prices.

Not only could these stocks service as a source of regular income, they could also generate valuation upside if the stock market recovers. Unfortunately, high yield dividend stocks are only as good as the underlying companies. Dividend cuts are often the first line of defense if a company runs into balance sheet problems.

Here are six high-yield dividend stocks to buy with at least 6% yields, according to Bank of America.

PetroChina Company Limited ADR (NYSE:PTR)

PetroChina is the largest oil and gas producer in China and is 87% owned by the Chinese government.

Chinese stocks have performed horribly in the past year amid regulatory crackdowns by both the U.S. and Chinese governments. However, soaring oil and gas prices have made energy stocks like PetroChina the rare exception. PTR shares are up 16.8% in the past year, and analyst Matty Zhao says the stock is trading at an attractive valuation of less than half the company's book value and 4.9 times forward earnings. PetroChina shares also pay a 7.5% dividend.

Bank of America has a Buy rating and $73.30 price target for PTR stock.

Rio Tinto plc ADR (NYSE:RIO)

Rio Tinto is one of the world’s largest mining companies, producing iron ore and a broad range of other metals and minerals.

Rising commodity prices have helped support Rio shares so far in 2022 despite weaker-than-expected production in the first quarter. Analyst Jason Fairclough says Rio shares are attractively valued, and the company has the highest return on capital deployed (ROCE) and cash distributions of any diversified miner. Fairclough says the company's operations require minimal additional capital to drive modest production growth. Rio shares have a 12.8% dividend yield.

Bank of America has a Buy rating and $94 price target for RIO stock.

British American Tobacco PLC (NYSE:BTI)

British American Tobacco is one of the world's largest global tobacco companies.

Bank of America has a Buy rating and $52 price target for BTI stock.

China Petroleum & Chemical Corp ADR (NYSE:SNP)

China Petroleum & Chemical, also known as Sinopec, is another one of the major integrated energy companies in China.

Like PetroChina, Sinopec has significantly outperformed the weak Chinese stock market in 2022, gaining 5.3% year-to-date. Zhao says downstream energy demand in China will continue to be pressured by lingering COVID-19 lockdowns in the near-term, but Russian supply constraints will help support crude oil prices. Zhao says Sinopec offers investors an attractive valuation at under half book value and an appealing dividend yield of 9.1%.

Bank of America has a Buy rating and $6.30 price target for SNP stock.

Also Read: 5 American Stocks To Buy To Bet On An Economic Rebound: From Amazon To Coca-Cola

Enterprise Products Partners L.P. (NYSE:EPD)

Enterprise Products Partners provides natural gas and natural gas liquids services, including processing, fractionation, storage, transportation, and terminal operations.

Bank of America has a Buy rating and $33 price target for EPD stock.

ING Groep NV (NYSE:ING)

ING is a Dutch company that offers banking, insurance, and asset management services to more than 60 million clients in 50 countries.

Bank of America has a Buy rating and $15.90 price target for ING stock.