NEW YORK ( TheStreet) -- The following 10 metals and mining stocks provide higher dividend yields compared to peer stocks and offer investors stable income to overcome higher volatilities in the stock markets. A few of these stocks have been maintaining (or increasing) their dividend payouts for decades.Consequent to stable income through dividends, the four dividend-yield coal stocks (with market caps of $1.3 billion to $2.5 billion) among the top 10 have low beta values of 0.68-0.97, in comparison to the 1.44 of coal giant Peabody Energy ( BTU), which has a market cap of $13.9 billion. Similarly, the two dividend-yield steel stocks (with market caps of $1.1 billion and $12.0 billion) have low beta values of 1.03 and 1.37, lower than the 1.52 beta value of U.S. Steel ( X), which has a market cap of $6.1 billion. Low beta values means they increase or decrease (in percentage terms) less than stock market indices and, hence, are less risky than peers of similar market capitalization. The S&P 500 has surged 3.4% so far in October, while the SPDR S&P Metals and Mining ETF ( XME) gained 2.5%, underperforming the broader markets. Stable incomes and low beta values will likely help these stocks outperform peers.