5 Top Dividend Stocks Yielding More Than 5% to Buy in 2025

Dividend stocks can be enriching investments. They supply income and have historically produced higher total returns than non-payers.

With the stock market rallying last year, dividend yields are down. The S&P 500‘s yield is near a 20-year low of 1.2%. However, there are still some attractive dividend stocks out there for those seeking a higher income yield. Here are five top dividend stocks yielding more than 5% to buy this year.

Brookfield Renewable

Brookfield Renewable (BEPC -2.65%) (BEP -1.29%) currently offers a 5.7%-yielding dividend. The leading global renewable energy producer generates lots of stable cash flow to cover its high-yielding payout. It has signed long-term, fixed-rate power purchase agreements with utilities and large corporations for about 90% of its power. Most of those contracts index rates to inflation, accounting for 70% of its revenue.

The company has grown its payout at a 6% compound annual rate over the past 20 years. That should continue, with Brookfield Renewable targeting 5% to 9% dividend growth in the future. It’s a very achievable goal, given the company’s outlook that it can grow its funds from operations (FFO) per share at a more than 10% annual rate for the foreseeable future. That growth rate is highly visible and secured through 2029 thanks to inflation-linked rate increases, development projects, and other growth drivers.

Enbridge

Enbridge‘s (ENB 1.09%) dividend yield is around 6% these days. The Canadian pipeline and utility company generates very stable cash flow to support its dividend. About 98% of its earnings come from cost-of-service or contracted assets. Meanwhile, most of those structures have built-in inflation protection. Enbridge’s earnings are so predictable that it was well on its way to delivering its 19th straight year of achieving its financial guidance in 2024.

The company recently raised its dividend payment, marking its 30th straight year of dividend growth. Enbridge has plenty of fuel to continue increasing its payout. It currently has a massive backlog of commercially secured capital projects under way that should enter service through 2029. They help fuel Enbridge’s expectation that it can grow its cash flow per share at a 3% compound annual rate through 2026 and by around 5% per year after that.

Realty Income

Realty Income‘s (O 0.07%) monthly dividend yields 5.8% these days. The real estate investment trust (REIT) generates very stable rental income. It has a globally diversified portfolio of properties — retail, industrial, gaming, and others — net leased to many of the world’s top companies. Net leases require tenants to cover all operating expenses, including routine maintenance, building insurance, and real estate taxes.

The REIT has an exceptional record of increasing its dividend. It has raised its payout for 30 straight years, including the past 109 quarters in a row. That steady upward trend should continue. Realty Income has an elite financial profile, giving it ample flexibility to continue acquiring additional income-generating properties. It has a long growth runway, given that there are trillions of dollars of commercial real estate across the U.S. and Europe suitable for the net lease structure.

Verizon

Verizon (VZ 1.15%) pays a 7%-yielding dividend. The telecom giant produces pretty stable cash flow as consumers and businesses pay their wireless and broadband bills. The company generates billions of dollars in cash flow each year, giving it the money to expand its 5G and fiber networks, pay dividends, and strengthen its balance sheet.

The company has increased its dividend for 18 straight years, the longest current streak in the U.S. telecom sector. That growth should continue. In addition to organically investing to expand its network, Verizon agreed to buy Frontier Communications in a $20 billion all-cash deal last year to bolster its fiber network. While the transaction won’t close for more than a year, it will be immediately accretive to Verizon’s earnings when it does while positioning it to capture more than $500 million in cost savings. The growing free cash flow following the deal will also enable Verizon to repay the related debt quickly, ensuring its dividend remains on a solid foundation.

Vici Properties

Vici Properties‘ (VICI 0.24%) dividend yields 5.9%. The REIT also produces very stable income. It owns casinos and other experiential real estate secured by long-term net leases with the operators of those facilities. It also provides financing to develop experiential real estate, which generates interest income.

The REIT has increased its payout for seven years in a row, and every year since its formation. It has grown its dividend at a 7% compound annual rate during that period, well above its peer group average of 2.2%.

Vici Properties should be able to continue growing its payout in the future. It has multiple growth drivers, including contracts that give it the right to buy additional casino properties from its existing tenants. In addition, many of its financing agreements enable the REIT to purchase those properties and others owned by the same developer in the future.

High-yielding and growing income streams

Brookfield Renewable, Enbridge, Realty Income, Verizon, and Vici Properties all pay dividends above 5%. More importantly, they back those high-yielding dividends with rock-solid financial profiles. That has enabled the companies to continue investing in growing their business, which has allowed them to steadily increase their dividends. Those features make them great dividend stocks to buy this year for investors seeking a higher-yielding and steadily rising income stream.