3 High-Yield Dividend Stocks Worth Loading Up On This Month
With yields as high as 5.6%, these three dividend stocks have proven to be reliable income producers through good times and bad.
In the current stock market environment, which is trading near all-time highs, JPMorgan Chase CEO Jamie Dimon warns of potential disruptions caused by underlying issues such as geopolitical conflict, inflation, and elevated debt levels. For those seeking high-yield dividend stocks, three companies stand out in September: Enterprise Products Partners (NYSE: EPD), Realty Income (NYSE: O), and PepsiCo (NASDAQ: PEP). These companies offer yields that are significantly higher than the 1% yield on the S&P 500 index.
Enterprise Products Partners boasts a remarkable streak of 28 consecutive years of increasing annual distributions, making it the highest-yielding investment on the list. The company operates in the energy sector, providing essential infrastructure for the transport of oil and natural gas. Its business is resilient, as it generates cash flows from asset fees rather than energy prices.
Realty Income follows closely with a 31-year streak of annual distribution increases, backed by a substantial portfolio of single-tenant net lease properties across North America and Europe. The REIT's diversified income stream, including retail, industrial, and other properties, further enhances its stability.
PepsiCo, with a 53-year track record of consecutive distribution increases, is the Dividend King among the three companies. Despite current challenges, PepsiCo has successfully navigated adversity multiple times over its long history. The company's diversified business, featuring industry-leading positions in beverages, snacks, and packaged foods, contributes to its stability.
While PepsiCo is the riskiest of the three, its exceptional dividend history and above-market yields make it an attractive option for income-focused investors.
Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- 3 High-Yield Dividend Stocks Worth Loading Up On This Month finance.yahoo.com
- 3 High-Yield Dividend Stocks Worth Loading Up On This Month nasdaq.com