2 Stocks to Buy With Dividends Yielding More Than 5%
There are times when a big yield is a sign that a company is in trouble. However, that's not always the case, and right now you can collect fat dividends from real estate investment trust (REIT) W.P. Carey (NYSE: WPC) and international energy giant Total (NYSE: TOT) without taking on as much risk as you might think. Here's why these two high-yield stocks should be on your watch list right now.
When the coronavirus pandemic started to spread, governments around the world effectively shut their economies to slow it down. It was devastating to many businesses, with some real estate investment trusts finding it hard to collect the rents they were owed. That was never an issue for W.P. Carey, however, which collected 96% of its rents in May 2020, during the worst of the pandemic's impact on its business. In other words, the pandemic wasn't a huge business disruption for W.P. Carey.
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Source Fool.com
