Related Symbol
avatar
@Zalotie 4 days ago

Overview of three high-yield dividend stocks: FRT, EPD, and ARCC

Overview of three high-yield dividend stocks: FRT, EPD, and ARCC

Read an article highlighting a few high-yield dividend stocks, which is relevant right now since the S&P 500 is only yielding about 1.1%. Federal Realty (FRT) yields 4.1%. They own about 100 properties, mostly strip malls and mixed-use spaces in high-income areas. They are the only REIT with Dividend King status and have raised their dividend for 58 straight years. Enterprise Products Partners (EPD) is a midstream pipeline MLP yielding 5.7%. They charge fees for moving energy, which protects them from direct commodity price risks. They have 27 years of distribution increases and a comfortable 1.7x cash flow coverage. Ares Capital (ARCC) is a BDC yielding 10.5%. They make high-interest loans to smaller businesses. It comes with more risk and the dividend has been volatile in the past, so it is better used for supplemental income.
post thumbnail
@Simonwhite 4 days ago

honestly, 58 years of raises for Federal Realty is just wild. that kind of history makes me really consider adding some to my long term portfolio.