2 Stocks to Buy With Dividends Yielding More Than 5%
The yield on the S&P 500 Index is a scant 1.3% and, as you might expect, many once-high-yielding sectors have seen yields come down along with the yield of the broader market. It is actually kind of hard to find good dividend stocks these days, if you are also looking for a generous yield, say of 5% or more. But it is not impossible, and W.P. Carey (NYSE: WPC) and Total (NYSE: TOT) are prime examples. Here's a quick look at why you should have these two stocks on your radar today.
W.P. Carey is a real estate investment trust (REIT) that uses the net lease format. Basically, most of the costs of maintaining the single-tenant properties it owns are borne by the companies that lease them. It's a fairly low-risk approach in the property sector, and a lot of REITs use it. However, W.P. Carey stands apart from the pack for a number of vital reasons.
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Source Fool.com
