3 Top High-Yield Stocks to Buy in September
Rising interest rates have provided investors with more alternatives to traditional income stocks. Before you make the switch to CDs or bonds, which provide static interest payments, consider reexamining passive income stocks like Realty Income (NYSE: O), Bank of Nova Scotia (NYSE: BNS), and Hannon Armstrong (NYSE: HASI). All three have the potential for dividend growth, and yet rising rates, among other issues, have resulted in share price declines over the past year. Here's why each of these high-yield stocks is worth considering right now.
"The Monthly Dividend Company" is the nickname that real estate investment trust (REIT) Realty Income has trademarked. While this clearly tells you the frequency with which it pays dividends, it also speaks volumes about the company's commitment to rewarding shareholders. To back that up, the dividend has been increased annually for 29 consecutive years at a compound annual rate of 4.4%.
Source Fool.com
