All the volatility in the marketplace this year has created some opportunities for income-focused investors. That's because dividend yields rise as stock prices decline. While several market sectors have rebounded from their initial COVID-19 sell-off, energy and real estate remain under pressure. Many companies in both sectors are in financial trouble, leading to a wave of dividend cuts. However, lots of others are in solid shape and now offer investors even more enticing payouts. Here are five buy-worthy income stocks from those sectors that all yield more than 5%...
Medical Properties Trust (NYSE:MPW), current yield 6.1%, is a real estate investment trust (REIT) focused on owning hospital properties that it leases back to operators. Energy infrastructure giant Kinder Morgan (NYSE:KMI), current yield 7.1%, is experiencing some pressure from this year's oil market downturn. However, that's still enough money to comfortably cover its dividend as well as all its planned capital expenses. SL Green Realty (NYSE:SLG), current yield 7.1%, is a REIT focused on owning office and retail properties in New York City. Canadian pipeline giant Enbridge (NYSE:ENB), current yield 7.7%, has largely been immune to the impact of this year's oil market downturn. Natural gas pipeline operator Williams Companies (NYSE:WMB), current yield 8.5%, expects the energy market downturn to have a minor impact on its financial results this year, with it currently expecting to hit the low end of its initial guidance ranges.
Source: Motley Fool
Related Articles:
- 8 Dividend Stocks For A Rainy Day
- 5 Dividend Growth Stocks With Strong Capital Appreciation
- 5 Higher Yielding Basic Materials Stocks With Growing Dividends
- 4 Dividend Growth Stocks That Could Make You Wealthy
- A Roadmap To Build Wealth With Dividend Stocks
Dividend Growth Stocks News
5 Stocks to Buy With Dividends Yielding More Than 5%
Posted by D4L | Monday, July 13, 2020 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.