Dividend yielding shares of 7% or more: stability and growth in one

Investing in dividend stocks is one of the best strategies for building long-term passive income. Stable dividend yields not only provide regular income, but can also help offset the effects of inflation on the purchasing power of your money. If you choose stocks with high and sustainable dividends, you can ensure not only a steady yield, but also growth in the value of your investment over the years.

One of the key metrics that investors look at is dividend yield, the percentage ratio between the annual dividend payout and the current share price. Shares with 7% yield can offer an ideal balance between high yield and relatively low risk if carefully selected. It is important to invest in companies with solid fundamentals and long-term stability.

Slate Grocery REIT $SRRTF - Stable Retail Income

Slate Grocery REIT is a Canadian real estate investment trust (REIT) that focuses on retail real estate in the US. Its portfolio consists of 116 shopping centers predominantly occupied by large…