Investing in high yield dividend stocks can be a smart strategy for investors who are looking for a reliable source of income and long-term growth potential. High yield dividend stocks are especially attractive in a low-interest-rate environment, where traditional fixed-income investments offer lower yields. Additionally, dividend-paying companies tend to be more stable and profitable, making them a more conservative investment option.
Here are three dividend stocks with yields above 5% –
Viatris Inc. – SYM: VTRS
Recent Price: $9.53
Yield: 5.03%
Description: Viatris Inc. operates as a healthcare company worldwide. The company operates in four segments: Developed Markets, Greater China, JANZ, and Emerging Markets.
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International Paper Company – SYM: IP
Recent Price: $36.00
Yield: 5.13%
Description: International Paper Company produces renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. It operates through Industrial Packaging and Global Cellulose Fibers segment. The company’s Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. Its Global Cellulose Fibers segment provides fluff, market, and specialty pulps that are used in absorbent hygiene products, such as baby diapers, feminine care, adult incontinence, and other non-woven products; tissue and paper products; and non-absorbent end applications, including textiles, filtration, construction material, paints and coatings applications. In addition, it sells its products directly to end users and converters, as well as through agents, resellers, and distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.
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Medical Properties Trust, Inc. – SYM: MPW
Recent Price: $8.31
Yield: 14.11%
Description: Medical Properties Trust, Inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world’s largest owners of hospitals with 431 facilities and roughly 43,000 licensed beds in nine countries and across four continents on a pro forma basis. MPT’s financing model facilitates acquisitions and recapitalizations and allows operators of hospitals to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.
