Highlights;
- High-yield stocks above 5% can boost passive income.
- Realty Income (O): 5.5% yield, consistent dividend growth, expanding in underserved European markets.
- Healthpeak Properties (DOC): 6.8% yield, focus on lab and medical spaces, merger with Physicians Realty.
- Pfizer (PFE): 6.9% yield, resilient despite patent cliffs, investing in new products.
Looking to boost your passive income? Consider these high-yield dividend stocks, each offering over 6% yield, perfect for enhancing your income stream.
In today’s thriving stock market, finding high-yield dividend stocks is more challenging than ever. However, there are still gems worth considering. Realty Income, Healthpeak Properties, and Pfizer stand out, offering not just high yields but promising growth potential.
1. Realty Income (O)
Realty Income, a leader in net lease properties, has seen its stock dip 22% from its 2022 peak. Yet, it continues to impress with a 5.5% yield and a history of steady dividend growth. This REIT, known for monthly payouts, leases properties long-term, reducing vacancy risks. With a vast portfolio and expansion into Europe,Reality Income’s growth prospects remain robust.
2. Healthpeak Properties (PEAK)
Focusing on lab and medical spaces, Healthpeak Properties offers a 6.8% yield. After merging with Physicians Realty, they’ve diversified their portfolio, balancing demand fluctuations. With consistent lease renewals and a strong financial outlook, Healthpeak is a resilient investment choice.
3. Pfizer (PFE)
Pfizer’s stock has dropped 60% since its pandemic peak, yet it offers a 6.9% yield. Despite patent cliffs, Pfizer is investing in new products, aiming for $20 billion in annual sales by 2030. This strategy positions it for long-term growth, making it a attractive for diversified portfolios.
Disclosure:
Cory Renauer holds no position in these stocks. The Motley Fool recommends Realty Income and has positions in it and Pfizer. Healthpeak Properties is also recommended.
These stocks not only offer attractive yields but also the potential for future growth, making them wise additions to a diversified portfolio.
