Top High-Yield Dividend Stocks to Buy Amid Market Decline

As stocks face a downturn, investors can find opportunities. This analysis highlights five high-quality dividend stocks yielding over 5%, presenting a lucrative income stream for investors seeking stability in uncertain times.

Date: 16-03-2025

AI Rating: 7

Market Overview
Stocks have experienced a downturn this year, with broader market indexes declining about 10% from their peaks. While this sell-off presents challenges, it also leads to higher dividend yields, making dividend stocks more attractive to investors seeking reliable income streams.

Brookfield Renewable (NYSE: BEPC) delivers a 5.2% yield, supported by stable cash flow from long-term contracts with utilities. Its anticipated cash flow per share growth of over 10% annually bodes well for its dividend increase strategy of 5% to 9% annually.

Enbridge (NYSE: ENB) pays a 6.3% yield and boasts a dependable earnings profile with 98% derived from stable cost-of-service and contracted assets. The company's expectation of cash flow per share growth by 3% through 2026 and 5% thereafter strengthens its dividend sustainability and predictability.

NNN REIT (NYSE: NNN) offers a 5.5% yield and secures stable cash flow through long-term net leases from retail properties. Its long track record of increasing dividends adds to its reliability as an investment.

T. Rowe Price Group (NASDAQ: TROW) provides a 5.5% yield derived from steady advisory fee income, with a 11.2% growth in assets under management. The company has consistently increased its dividend for 39 years, reflecting a strong business model.

Verizon Communications (NYSE: VZ) also presents a 6.4% yield, with its stable cash flow from customer payments covering its dividend obligations. The planned $20 billion acquisition of Frontier Communications and significant investments in network expansion could bolster future performance and dividend increases.

Overall, the focus on dividends in these stocks makes them attractive for income-focused investors, particularly in a cooling market.

Stocks: BEPC ENB NNN TROW VZ