**4 High-Yield Dividend Stocks to Buy in October**

Investors seeking stable returns with lower market volatility often turn to dividend stocks. These investments have historically outperformed the market, with dividend growth being the primary driver of this outperformance. Four standout companies – Brookfield Renewable, Oneok, NNN REIT, and Alexandria Real Estate Equities – offer attractive dividend yields above 4% and a proven track record of consistently increasing their payouts.

Brookfield Renewable, a global renewable energy producer, boasts a 4.4% yield and has grown its dividend at a 6% compound annual rate over the past two decades. The company expects to deliver 5% to 9% annual dividend growth in the long term, backed by a robust pipeline of development projects and margin enhancement activities.

Oneok, a pipeline giant, offers a 4.4% yield and has delivered over 25 years of dividend stability and growth. The company plans to increase its dividend by 3% to 4% annually over the next several years, driven by accretive acquisitions, including its recent deal to acquire Magellan Midstream Partners.

NNN REIT, a real estate investment trust, yields 4.8% and has increased its dividend for 35 consecutive years. The company’s strategy of acquiring freestanding retail properties net leased to growing national and regional retailers has enabled it to drive its rising dividend. With a strong balance sheet and tenant base, NNN REIT is well-positioned to continue growing its portfolio and shareholder payout.

Alexandria Real Estate Equities, an office REIT focused on life science properties, offers a 4.4% yield and has grown its dividend at a 5.4% compound annual rate since 2020. The company’s low dividend payout ratio and extensive pipeline of development projects provide visibility into its future earnings growth, while its fortress-like balance sheet allows it to continue expanding its portfolio and dividend.

These four dividend stocks offer attractive yields and a strong track record of increasing their payouts. With their robust growth prospects, investors can confidently add them to their portfolios this month.

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