Is This 7% Yield Flying Under Your Radar?

The second under-the-radar high-yield dividend growth stock I want to highlight is Omega Healthcare Investors Inc. (OHI). Omega Healthcare Investors is a triple-net real estate investment trust that primarily invests in skilled nursing facilities and assisted living facilities. This stock yields a market-crushing 7.2%. That's more than five times that of the S&P 500's yield - and it's the highest in today's video. If you want serious yield and you don't have time to wait for dividend raises to compound for you, Omega Healthcare is kind of like a "dividend time machine" that fast forwards the whole income compounding process. It's not the kind of long-term compounder that, say, Apple Inc. (AAPL) is, but it'll get the income job done for sure. Not just income, either. Omega has increased its dividend for 18 consecutive years, with a 10-year dividend growth rate of 6.1%. Recent dividend increases have been meager, but any dividend increase at all is pretty nice when you're getting a 7%+ yield. This stock has been a laggard YTD, up only 6.5%. The valuation looks very reasonable.

Last but not least, let's talk about the under-the-radar high-yield dividend growth stock that is ONEOK, Inc. (OKE). ONEOK is an American midstream energy company and owner of one of the country's premier natural gas liquids systems. There are a lot of options in the midstream space, but ONEOK flies way under the radar. I don't see it mentioned nearly as much as other players in the midstream space. To be fair, it's not as large as some competitors. Its market cap is under $25 billion. Still, it's a very large company. Know what else is large? Its dividend. ONEOK yields a mammoth 7%. Actually, this stock shouldn't only be on your radar. It should perhaps be in your portfolio.

Video Length: 00:09:22

1 2
View single page >> |

Disclaimer: Please consult with a licensed investment professional before investing any of your money. Never invest in a security or idea featured on this channel unless you can afford to lose ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.