5 Safe Dividend Stocks Yielding 5% or More to Buy Right Now for Durable Passive Income

3 weeks ago 20

Matt DiLallo, The Motley Fool

Tue, Apr 15, 2025, 6:02 PM 5 min read

The banal marketplace has slumped sharply this twelvemonth owed to concerns that tariffs could origin a recession. One affirmative from the sell-off is that little banal prices origin dividend yields to rise. Because of that, investors tin fastener successful dividend yields of 5% oregon much connected immoderate high-quality companies close now. That positions them to cod durable passive income streams even if determination is an economical downturn.

Here are 5 harmless dividend stocks to bargain right now for resilient dividend income.

Dominion Energy (NYSE: D) presently yields 5.1%. The utility generates very unchangeable currency travel by supplying energy and earthy state to customers in Virginia and the Carolinas. Government regulators acceptable rates, portion demand for energy tends to beryllium stable, adjacent during a recession.

The institution is investing heavy successful gathering further powerfulness procreation to enactment the expected aboriginal surge successful energy request from catalysts similar AI information centers and the onshoring of manufacturing. It's investing $50 cardinal done 2029, including gathering a monolithic upwind workplace disconnected the seashore of Virginia, which should turn its net per stock by 5% to 7% per year. That increasing net volition enactment Dominion's high-yielding dividend successful the adjacent word by steadily reducing its dividend payout ratio during the existent dense concern signifier portion powering maturation implicit the agelong word erstwhile it achieves its targeted payout ratio.

NNN REIT's (NYSE: NNN) dividend output is 5.8%. The existent property concern spot (REIT) collects precise dependable rental income. It owns a portfolio of single-tenant net lease retail properties that nutrient unchangeable income due to the fact that tenants screen each operating costs, including regular maintenance, existent property taxes, and gathering insurance.

The REIT pays retired little than 70% of its currency travel successful dividends each year. That has it connected way to nutrient $200 cardinal successful post-dividend escaped currency travel this twelvemonth to put successful further income-generating retail properties. NNN REIT besides has a blimpish equilibrium sheet, giving it further flexibility to get much properties. The increasing income from its portfolio has enabled the REIT to steadily summation its dividend. Last twelvemonth was the 35th consecutive twelvemonth that it hiked its dividend payment.

Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) has a dividend output of astir 5%. The planetary infrastructure relation generates very unchangeable currency flow. Government-regulated complaint structures oregon semipermanent contracts enactment 85% of its funds from operations (FFO). Meanwhile, Brookfield lone pays out 60% to 70% of its unchangeable currency travel successful dividends.