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Top 6 High-Yield REIT Stocks You Shouldn’t Miss

Updated: 24-10-2024, 01.37 AM

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Dividend investing often takes a back seat when the market is focused on tech growth stocks, especially today when AI drives much of the market hype. But hype does not last long and long-term investors should prefer solid income-generating stocks for good times and dry spells. The performance of dividend stocks is best understood over long-term horizons. According to a report from Richard C. Young Investment Advisors, dividends and reinvested dividends have accounted for about 60% of the S&P 500’s total return over the past 40 years through 2022.

Don’t Miss:

A few months ago, a dividend investor shared his detailed income report on the r/Dividends community on Reddit, saying he earns about $5,300 a month in dividend income. According to the portfolio screenshots shared by the investor, his total portfolio was worth roughly $880,368. He said it took about one year to go from $4,000 to $5,300 in monthly dividend income.

Someone asked the investor how he chose dividend stocks for investing. Here is what he said:

“Mainly the following:

  • Is the yield over 3%?

  • Is the dividend Growth at least over 3-4% to keep up with inflation?

  • What is the stock price over the past five years? Going up, down or plateau?

  • Is the brand power strong?

  • Is this what the majority of people need? (Such as EPD or ENB where everyone pretty much needs energy.)”

The investor was also asked to share his advice for beginner investors.

“If you are not sure where to start, then I always recommend starting with VOO and QQQM. You cant go wrong with these two combination. Give yourself some time to watch the market and start investing in individual stocks.”

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Arbor Realty Trust

Arbor Realty Trust Inc. (NYSE:ABR) was among the investor’s biggest holdings, earning $5,300 per month in dividends. The portfolio screenshots showed he owned 2,020 shares of the company, raking in $3,650 annually. Arbor Realty is a mortgage REIT with a dividend yield of over 11%.

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