The S&P 500 index yields a paltry 1.5% today, so investors looking for big yields have their work cut out for them. However, that doesn't mean income-focused investors can't find great stocks paying generous dividends. You just need to be selective. Here are three names with yields over 5% (more than three times the broader market) that are worth a deep dive.
The first name is real estate investment trust (REIT) W. P. Carey (NYSE:WPC). You know that diversification is good for your portfolio, but this landlord proves it is also good for REITs. In 2020, when some of its peers were having trouble collecting rents because of the coronavirus pandemic, W. P. Carey's rent collection rate never dipped below 96%. The next name, Enbridge (NYSE:ENB), falls into the midstream energy sector, but its business is more diverse than just owning pipelines. So far this list has included diversified companies, but now it's time for a little more focus. Integrated energy giant Chevron (NYSE:CVX) is sitting at roughly the 5% yield level today.
Source: Motley Fool
Related Articles:
3 Top Dividend Stocks With Yields Over 5%
Posted by D4L | Thursday, April 29, 2021 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
GameStop (NYSE:GME) lost about 40% of its market value over the past three years, as rising digital downloads and declining mall traffic thr...
-
In a capitalistic society, opportunities to generate (mostly) passive income are all around us. Dividend growth investing is one of the most...
-
These elite income producers have rallied this year. Their brilliance at producing passive income seems to have caught the market's eye ...
-
Investors buy dividend stocks for a few reasons. For one, they provide income via dividends that act as a bonus on top of capital appreciati...
-
While optimism in the broader market remains robust – particularly for hyped-up sectors like technology – investors may still want to consid...
-
If you are looking for reliable dividends, these three Dividend Kings should be right up your alley. Dividends are paid at the discretion of...
-
Buying dividend stocks can be tricky. Oftentimes, stocks that pay exorbitantly high dividends have underlying financial problems, and their ...
-
Since the market highs in July, stocks have been under considerable pressure. Indeed, 10-year Treasury yields are at the highest level since...
-
A strong dividend investing strategy may be to focus on high-quality names that score well on several dividend-related metrics. In other wor...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.