Here Are My Top 3 High-Yield Dividend Stocks to Buy Now
I'm a huge fan of dividend-paying stocks. I love to see the passive income flow into my portfolio because it gives me more cash to invest. On top of that, dividend stocks have historically been better wealth creators than non-payers, delivering more than double the annual total return on average over the last 50 years.
Those factors are why I'm always looking for dividend stocks to buy. Topping my list right now are Realty Income (NYSE: O), Rexford Industrial (NYSE: REXR), and Mid-America Apartment Communities (NYSE: MAA). The trio of real estate investment trusts (REITs) offers higher-yielding dividends that have historically grown.
Shares of Realty Income have lost more than 15% of their value from the peak earlier this year. That sell-off has driven the REIT's dividend yield up over 6%, well above the S 500's dividend yield of around 1.2%.
Source Fool.com