3 Dividend Aristocrats Yielding Up to 4.8% to Buy in September

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Looking for some solid stocks to add to your portfolio this month? Dividend Aristocrats – companies with at least 25 consecutive years of dividend growth – offer some of the most compelling opportunities due to their stability and consistent payouts.

Let’s look at three dividend aristocrats, including two real estate investment trusts (REITs), that you could buy today.

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Chubb Ltd

Chubb (NYSE:CB) is a leading global insurance company in 54 countries and territories. It offers a wide range of insurance products, including commercial and personal property insurance, supplemental health and personal accident insurance, and life insurance.

Chubb currently pays a quarterly dividend of $0.91 per share, which equates to an annualized dividend of $3.64 per share and gives it a yield of about 1.3% at the time of writing.

While Chubb’s yield is low compared to other dividend payers, it makes up for it with its status as a dividend aristocrat. It has raised its annual dividend payment for 30 consecutive years, and its 5.8% increase in February is on track to mark its 31st straight year with an increase in 2024.

Essex Property Trust

Essex Property Trust (NYSE:ESS) is one of the largest owners and managers of apartment communities in the United States. As of June 30, its portfolio included 255 apartment communities containing more than 62,000 apartment units in select West Coast markets.

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Essex currently pays a quarterly dividend of $2.45 per share, which equates to an annualized dividend of $9.80 per share and gives it a yield of about 3.15% at the time of writing.

In addition to its high yield, Essex is one of the largest dividend producers in the real estate industry. It has raised its annual dividend payout for 29 consecutive years, and its 6.1% increase in February is on track to mark its 30th consecutive year of an increase in 2024.

NNN REIT, Inc.

NNN REIT, Inc. (NYSE:NNN) owns and manages high-quality commercial properties in 49 states, including convenience stores, car washes, restaurants and pharmacies. As of June 30, its portfolio included 3,548 properties in 49 states with more than 36 million square feet of gross leasable area.

NNN REIT currently pays a quarterly dividend of $0.58 per share, which equates to an annualized dividend of $2.32 per share and gives it a yield of about 4.8% at the time of writing.

NNN REIT has the third-longest streak of annual dividend increases in the real estate industry. Its streak now stands at 34 consecutive years of gains, and its 2.7% increase in July is on track for 2024 to mark its 35th straight year of growth.

Looking for higher yielding opportunities?

The current high interest rate environment has created an incredible opportunity for income investors to earn massive returns, but not through dividend stocks… Certain private market real estate investments offer retail investors the opportunity to capitalize on these investments with high yield. opportunities and Benzinga has identified some of the most attractive options for you to consider.

For example, EquityMultiple’s Ascent Income Fund targets stable income from senior real estate commercial debt positions and has a historical distribution yield of 12.1% backed by real assets. With priority payment and flexible liquidity options, the Ascent Income Fund is a core investment vehicle for income-focused investors. First-time investors with EquityMultiple can now invest in the Ascent Income Fund with a reduced minimum of just $5,000. Benzinga Readers: Get a 1% ROI boost on your first EquityMultiple investment when you sign up here (accredited investors only).

Don’t miss this opportunity to take advantage of high yield investments while rates are high. Check out Benzinga’s favorite high yield deals.

This article 3 Dividend Aristocrats That Yield Up to 4.8% to Buy in September originally appeared on Benzinga.com