3 High-Yield Dividend Stocks I'm Buying to Boost My Passive Income in December

I acceptable a extremity astatine the opening of the twelvemonth to turn my projected annualized passive dividend income by 20% by the extremity of this year. I'm a small spot down that target. Because of that, I program to treble down connected boosting my dividend income this December.

I'm starting the period disconnected by purchasing much shares of 3 apical high-yield dividend stocks: Medical Properties Trust (NYSE: MPW), Mid-America Apartment Communities (NYSE: MAA), and W.P. Carey (NYSE: WPC). These existent property concern trusts (REITs) pay charismatic dividends that will apt rise implicit the adjacent year. As a result, they should assistance supply maine with adjacent much passive income successful 2026.

Medical Properties Trust has struggled implicit the past fewer years. Two of the healthcare REIT's apical tenants filed for bankruptcy, meaningfully impacting its rental income. This made it much challenging for the REIT to refinance indebtedness arsenic it matured, particularly fixed the emergence successful involvement rates implicit the past fewer years.

The infirmary proprietor has worked hard to code its issues. It has replaced those financially troubled tenants with stronger operators. The REIT has besides sold respective properties and chopped its dividend a mates of times to repay debt. These moves person paid disconnected arsenic Medical Properties Trust present has a overmuch stronger portfolio and equilibrium sheet.

The REIT expects its rental income to steadily emergence implicit the adjacent twelvemonth arsenic caller tenants ramp up their operations and wage escalating rental rates. This anticipated betterment has fixed Medical Properties Trust the assurance to commencement rebuilding its dividend, with investors precocious receiving a 12% raise, thereby boosting its dividend output to 6.3%. I judge the outgo volition proceed rising adjacent year.

Mid-America Apartment Communities has been a precise reliable dividend banal implicit the decades. The flat REIT ne'er suspended oregon reduced its dividend outgo successful its implicit 30 years arsenic a publically traded company. It has raised its outgo for 15 consecutive years, increasing it astatine an above-average 7% yearly complaint implicit the past decade.

The landlord accrued its dividend past December, providing investors with a 3.1% raise. I afloat expect it volition denote different dividend summation this month. While the institution has battled proviso headwinds implicit the past fewer years that person weighed connected rental maturation rates, it saw a meaningfully little level of caller flat deliveries successful the 3rd quarter. As a result, 2026 should beryllium a much stronger twelvemonth for rent growth.