This past year has been the ultimate stress test for dividend stocks. Some companies failed miserably as they either slashed or suspended their payouts to preserve cash during the pandemic. But others passed with flying colors as they continued to increase their shareholder payouts thanks to the strength of their business models and balance sheets.
Three in that latter group are Canadian pipeline giant TC Energy (NYSE: TRP), office REIT SL Green Realty (NYSE: SLG), and healthcare REIT Medical Properties Trust (NYSE: MPW). Not only has this trio continued to grow their payouts, but they also offer dividend yields over 5%, well above the S&P 500's current average of 1.6%.
Source: NASDAQ
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Posted by D4L | Friday, January 08, 2021 | ArticleLinks | 0 comments »________________________________________________________________
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