3 Elite High-Yield Dividend Stocks That Could Supply You With a Lifetime of Rising Passive Income
Buying high-quality dividend stocks is a great way to collect passive dividend income. The best ones increase their dividends each year, and they can help you more than offset the impact of inflation over the long run.Federal Realty Investment Trust (NYSE: FRT), NNN REIT (NYSE: NNN), and Essex Property Trust (NYSE: ESS) have elite records of growing their dividends. The real estate investment trusts (REITs) have all delivered 30 or more years of consecutive annual dividend growth and should be able to continue increasing their higher-yielding payouts in the decades ahead, making them great stocks to buy for dividend income that could steadily rise throughout your lifetime. Federal Realty Investment Trust last raised its dividend in August 2024, extending its record to 57 consecutive years of dividend increases. That's the longest streak in the REIT sector and qualifies Federal Realty as a Dividend King, a company with 50 or more years of annual dividend increases. The retail REIT currently has a dividend yield of 4.5%, well above the S&P 500's 1.3% yield. Continue reading
Buying high-quality dividend stocks is a great way to collect passive dividend income. The best ones increase their dividends each year, and they can help you more than offset the impact of inflation over the long run.
Federal Realty Investment Trust (NYSE: FRT), NNN REIT (NYSE: NNN), and Essex Property Trust (NYSE: ESS) have elite records of growing their dividends. The real estate investment trusts (REITs) have all delivered 30 or more years of consecutive annual dividend growth and should be able to continue increasing their higher-yielding payouts in the decades ahead, making them great stocks to buy for dividend income that could steadily rise throughout your lifetime.
Federal Realty Investment Trust last raised its dividend in August 2024, extending its record to 57 consecutive years of dividend increases. That's the longest streak in the REIT sector and qualifies Federal Realty as a Dividend King, a company with 50 or more years of annual dividend increases. The retail REIT currently has a dividend yield of 4.5%, well above the S&P 500's 1.3% yield.
