Unlock High-Yield Dividend Stocks for Long-Term Success
This year has been remarkable for the stock market, with the S&P 500 index surging 25% from the end of 2023 to November 12. However, this rapid growth has led to a decline in dividend yields, with the average stock in the S&P 500 offering a mere 1.2% yield. Fortunately, there are still opportunities to secure high-yield dividend stocks that can provide a steady income stream for years to come.
Brookfield Infrastructure: A Global Asset Powerhouse
One such opportunity lies with Brookfield Infrastructure, a global asset manager that operates in various sectors, including energy, water, freight, and data. With a dividend yield of 3.8% and a price-to-trailing-funds-from-operations ratio of 5.1, Brookfield Infrastructure is an attractive option. Moreover, its diversified portfolio and strong growth prospects make it an ideal choice for long-term investors.
Realty Income: A Reliable REIT with a Proven Track Record
Realty Income, a large real estate investment trust (REIT), offers a substantial 5.5% dividend yield. With over 15,000 commercial properties leased to companies like Walgreens and Dollar General, Realty Income boasts a reliable income stream. Its impressive track record of 653 consecutive monthly dividend payments and 30 years of dividend growth make it an excellent choice for income-seeking investors.
Royalty Pharma: A Specialized Lender with a Winning Formula
Royalty Pharma, a pharmaceutical-focused lender, provides an attractive 3.2% dividend yield. By acquiring royalty stakes in new and existing drugs, Royalty Pharma has built a portfolio of over 80 products, including 15 blockbuster drugs generating over $1 billion in annual sales. With a strong track record and accelerating portfolio growth, Royalty Pharma is poised to continue delivering high yields for years to come.
Investing in High-Yield Dividend Stocks for the Long Haul
These three high-yield dividend stocks offer a unique opportunity to secure a steady income stream for at least a decade. With a total investment of just $130, you can buy one share of each stock and reap the benefits of their high yields. Whether you’re a seasoned investor or just starting out, these stocks are an excellent addition to any portfolio.
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