💵 Three reliable dividend stocks with a yield above 5%!
Here is my pick of 3 interesting dividend companies from different sectors.
These companies are known for their long history of raising dividends every year and at current prices offer yields over 5 %. Although dividend increases are not expected to be huge somehow, their stability and advantages over their competitors make them ideal for long-term investments.
1. Realty Income $O-0.6%🏢
Realty Income is a real estate investment trust (REIT) that leases commercial properties to well-known companies like Walmart, Dollar General, and Tractor Supply Company. It currently offers a dividend yield 5,7 % and pays dividends monthly. This REIT increases its dividend every quarter and recently announced its 125th increase since going public30 years ago.
2. Altria Group $MO+0.9%🚬
Despite the decline in cigarette smoking ,Altria Group, maker of theMarlboro cigarette brand , boasts58 dividend increases over the past 54 years. At current prices, the stock offers an amazing 8,4% yield. The increased enforcement of the ban on flavoured vaporizers is positive news for Altria, as the company acquired NJOY, one of the few approved e-cigarette brands, last year .
![MO](https://media.bulios.com/media/ticker/463ce124-40ec-4016-8318-d8e1fa3c1fd5.png)
Altria
MO3. Pfizer $PFE-2.0%💊
Shares of Pfizer, the pharmaceutical giant, offer a dividend yield 5,6 %. The company bo asts a15-yearhistory of dividend increases. Although revenue from the Comirnatavaccine and the COVID-19-relatedPaxlovide treatment is rapidly declining, Pfizer has invested its windfall profits in new revenue streams. This includes the acquisition of Seagen and the approval of nine new drugs last year.
![PFE](https://media.bulios.com/media/ticker/410e57c4-8372-41b2-af06-618a01e7d3b9.png)
Pfizer
PFEThese three stocks represent, for me, a great opportunity for any investor looking for stable and high passive income.
What's your take on these companies, and which companies do you have in your dividend portfolio? 🏖️
Super post👍. I have all 3 in my portfolio, but I plan to sell PFE when I see it in the green.
I have "only" the first 2. For me they are very high quality businesses. Pfizer is a little out of my league. It's a pretty volatile title and it has fallen off a lot in recent years. The reason I don't want to get into it anymore is because I have a pretty full portfolio :)