3 Dividend Stocks Yielding About 5% That Should Continue Growing Their Payouts Through at Least 2025
Many investors remain worried that a recession could be right around the corner. It could greatly impact companies with economically sensitive cash flows since a downturn could cause their earnings to decline. That might affect their ability to pay dividends.
However, many companies operate relatively recession-resistant businesses. That means their earnings should hold up during a downturn, enabling them to continue paying dividends. Three that stand out to analysts for their expected earnings durability over the next few years are Four Corners Property Trust (NYSE: FCPT), Getty Realty (NYSE: GTY), and Vici Properties (NYSE: VICI). That positions these REITs to maintain (and potentially continue increasing) their high-yielding dividends.
Four Corners Property Trust currently offers a 5.2% dividend yield. Analysts expect the REIT to continue to generate more than enough cash flow to cover that payout. According to those polled by FactSet, Four Corners should generate $1.67 per share of adjusted funds from operations (FFO) this year. That's more than enough to cover its $1.36 per share annual dividend outlay. Meanwhile, analysts expect the REIT's adjusted FFO to rise to $1.73 per share next year and $1.81 per share in 2025.
Source Fool.com
