Investing in high-yield dividend stocks can provide some much-needed stability and recurring income for investors, especially during market volatility. In this article, we'll explore some of the top high-yield dividend stocks that investors should be keeping an eye on in 2021.
1. AbbVie (ABBV)
AbbVie is a healthcare company that offers a dividend yield of over 4%, making it one of the top high-yield dividend stocks to watch. The company has a strong track record of consistent dividend payments, and its recent acquisition of Allergan has positioned it to continue its growth in the pharmaceutical industry.
2. Realty Income (O)
Realty Income is a real estate investment trust (REIT) that offers an impressive 4.2% dividend yield. The company's portfolio consists of more than 6,500 properties in 49 states, making it a stable and diversified investment option for investors looking to generate recurring income.
3. Altria Group (MO)
Altria Group is a tobacco company that offers a dividend yield of over 7.5%. Despite facing some regulatory challenges in recent years, the company has managed to maintain its strong position in the industry and consistently pays out a high dividend to its investors.
4. Verizon Communications (VZ)
Verizon Communications is a telecommunications company that offers a 4.5% dividend yield. Despite facing intense competition in the industry, Verizon has managed to maintain its market share and consistently pays out a stable dividend to its investors.
5. Pfizer (PFE)
Pfizer is a pharmaceutical company that offers a dividend yield of over 4%. The company's recent success in developing a COVID-19 vaccine has helped boost its stock value, and its strong financials make it an attractive investment option for investors looking for stable and recurring income.