Looking to secure an outstanding yield on your investment, paired with exceptional dividend safety? Here’s a hint: Our latest addition to the Best High Dividend Stocks model portfolio, a leading eREIT, may be the answer. This well-covered, large-cap entity has a commanding presence in its industry and a robust forward dividend yield of 6.68%—surpassing the industry average of 5.8% and ranking it in the top echelon of dividend stocks.
However, this isn’t just about attractive yields. Dividend safety is paramount, and this asset ticks that box, too. Investors can look forward to a 2.8% increased non-qualified dividend of $1.850 per share on June 30, which went ex-div on June 8. The selection also impresses in the Returns Potential and Returns Risk areas, albeit to a lesser extent.
Eager to uncover this standout stock? Dive into the in-depth analysis that follows. Your portfolio will thank you.