To be fair, it doesn't take a lot to offer a higher yield than the 1.3% investors are collecting today from the S 500 index. And yet investors looking for down-and-out stocks with high yields will still like what Realty Income (NYSE: O), Franklin Resources (NYSE: BEN), and Hormel Foods (NYSE: HRL) have to offer. But the story behind each stock is much bigger than just an attractive dividend yield.

Realty Income has an investment-grade balance sheet and has increased its dividend annually for 29 consecutive years. It has the largest market cap and property portfolio (over 15,400 assets) among net-lease real estate investment trusts (REITs). Net leases require the tenant to pay most property-level expenses.

And the dividend yield is near a 10-year high at 5.5%. So why is the stock price down roughly 30% from its 2020 highs?

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Source Fool.com