3 HighYield Dividend Stocks to Buy for Income

Dividend stocks can be a great way to generate income, especially if you are looking for stocks that pay high dividends. While there are many different dividend stocks to choose from, it is important to do your research before investing. You will want to consider factors such as the company’s financial stability, dividend history, and payout ratio.

STORE CAPITAL CORPORATION

STORE CAPITAL CORPORATION ($NYSE:STOR) is a real estate investment trust that focuses on investing in and owning net-leased properties. The company has a healthy score on VI Star Chart, making it a safe investment for those looking for a stable return on their investment. STORE Capital Corporation pays consistent dividends and has a strong history of dividend growth. The company’s dividend is well-covered by earnings and cash flow, and its balance sheet is solid.

W. P. CAREY INC.

W.P. Carey Inc. ($NYSE:WPC) is a publicly traded real estate investment trust (REIT) that owns and operates commercial properties across the United States and Europe. The company has a portfolio of over 1,500 properties, totaling over 200 million square feet.

W.P. Carey has a long history of paying steady and sustainable dividends to shareholders. In fact, the company has increased its dividend payments for 18 consecutive years. W.P. Carey currently has a dividend yield of 5.4%.

The company’s dividend payments are well covered by its earnings. In 2018, W.P. Carey generated adjusted funds from operations (AFFO) of $2.78 per share, while paying out dividends of $2.54 per share. This gives the company a payout ratio of 91%, which is very reasonable.

W.P. Carey’s dividend payments are also well covered by its cash flow. In 2018, the company generated cash from operations of $3.51 per share, while paying out dividends of $2.54 per share. This gives the company a payout ratio of 72%, which is very manageable.

W.P. Carey’s dividend is also safe from a balance sheet perspective. The company has a total debt-to-equity ratio of 47%, which is very manageable. Additionally, the company’s interest coverage ratio is 3.7, which is very strong.

Overall, W.P. Carey is a high-quality dividend stock that is well-positioned for continued growth in the years ahead. The company has a strong balance sheet, generates plenty of cash flow, and pays out a sustainable dividend that is well-covered by earnings and cash flow. For these reasons, I believe W.P. Carey is a good stock to own for long-term income investors.

SPRING REAL ESTATE INVESTMENT TRUST

Sustainable growth is a key focus for many companies nowadays and for good reason. A company that pursues sustainable growth is one that is focused on the long-term health of the business, not just short-term profits. This type of growth is often more stable and more profitable in the long run.

There are many ways to measure sustainable growth, but one key metric is the revenue growth of a company. If a company is able to grow its revenue at a healthy clip, it is likely doing something right.

One company that has been pursuing sustainable growth is SPRING REAL ESTATE INVESTMENT TRUST ($SEHK:01426). The company has been growing its revenue at a healthy clip, and its dividend yield is currently 9.91%. This makes it an attractive choice for investors looking for passive income.

So, if you’re looking for a high yield investment with potential for sustainable growth, SPRING REAL ESTATE INVESTMENT TRUST is worth considering.