Here Are My Top 3 High-Yield Stocks to Buy Now

• Realty Income is simply a reliable and boring dividend payer with a 5.5% yield.

• Bank of Nova Scotia is simply a turnaround communicative with a 4.4% output and a dividend past spanning astir 200 years.

• Schwab U.S. Dividend Equity ETF isn't a stock, but its 3.8% output could beryllium a foundational portion of a diversified portfolio.

• 10 stocks we similar amended than Schwab U.S. Dividend Equity ETF ›

I emotion dividend stocks, but I'm reasonably picky astir what I buy. My penchant is for companies that person proven dividend histories and comparatively charismatic yields. I judge that this operation suggests a promising institution that is presently retired of favor.

Two stocks that walk done my dividend screens contiguous are Realty Income (NYSE: O) and Bank of Nova Scotia (NYSE: BNS). Here's a look astatine each 1 and a speedy dive into Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD), which could beryllium a large complement to your dividend portfolio oregon adjacent the lone dividend concern you ever own.

Realty Income is simply a existent property concern spot (REIT) that invests successful single-tenant, net-lease properties. A nett lease requires the tenant to wage for astir property-level operating costs. Although immoderate azygous spot is precocious risk, the hazard is precise debased erstwhile you dispersed it crossed the much than 15,000 properties Realty Income owns. It is the largest subordinate successful its net-lease adjacent radical by a wide margin.

The company's portfolio is focused connected the retail sector, wherever assets are easy bought, sold, and released arsenic needed. However, it adds concern assets and immoderate one-off spot types (such arsenic vineyards and casinos) to summation diversification. Additionally, the company's portfolio spans the U.S. marketplace and Europe, providing geographic diversification arsenic well. An investment-grade rated equilibrium expanse rounds retired the instauration and positions Realty Income arsenic a reasonably harmless dividend banal for adjacent the astir blimpish investors.

Notably, the dividend has been accrued annually for 30 years. The output is adjacent a 10-year precocious astatine 5.5%. The 1 occupation with Realty Income is that it is astir arsenic breathtaking arsenic watching overgarment dry, with absorption preferring to tally the concern successful a dilatory and reliable mode to guarantee dependable dividend growth. However, if you are a blimpish investor, that astir apt won't fuss you 1 bit.

Next up is Bank of Nova Scotia, which is much commonly referred to by its nickname Scotiabank. The banal has a 4.4% dividend output backed by a dividend that has been paid each twelvemonth since 1833. This is the benignant of dividend banal you could bargain and comfortably clasp for the agelong term, since it is beauteous evident that the committee of directors places a precocious worth connected rewarding investors with dividends. That said, Scotiabank is undergoing immoderate important changes.