Realty Income and 4 More High-Yield Dividend Stocks for November

Key Points:

• Five dividend-paying companies from diverse industries—tobacco, net-lease real estate, gaming real estate, natural gas pipelines, and telecom—offer retirees reliable and growing income streams, with dividends well-covered by earnings or cash flow.
• Altria raised its dividend for the 61st time in 57 years, yielding about 5.69%, supported by strong operating margins and a raised EPS guidance, though cigarette volume declines and a high payout ratio pose risks.
• Realty Income provides a monthly dividend yield of 5.72%, backed by a strong occupancy rate and an A credit rating, but rising leverage and tenant credit risk are concerns despite steady portfolio growth.
• VICI Properties offers the highest yield at 7.52%, with 100% occupancy and long lease terms, though it faces risks from dependence on two major tenants and recent credit-loss charges; the stock trades below analyst targets.
• Kinder Morgan and AT&T present lower yields (3.51% and 5.18%, respectively) but have strong growth prospects and dividend coverage, with Kinder Morgan benefiting from natural gas demand and AT&T showing subscriber growth and solid free cash flow, though both carry some debt-related risks.