3 Dividend Stocks with High Yields and Consistent Payout Growth

Realty Income, Verizon, and Pfizer are dividend stocks with yields above 5% that have raised their payouts for over a decade. Realty Income has raised its dividend 131 times since 1994, while Verizon and Pfizer have steadily increased their payouts for over a decade. These stocks offer a balance between high yields and dividend growth, making them attractive options for investors seeking passive income.

Realty Income, Verizon, and Pfizer are dividend stocks with yields above 5% that have consistently raised their payouts over the past decade. Realty Income has increased its dividend 131 times since 1994, while Verizon and Pfizer have steadily increased their payouts for over a decade. These stocks offer a balance between high yields and dividend growth, making them attractive options for investors seeking passive income.

Realty Income (O), a real estate investment trust (REIT), currently yields more than 5.5%. The company owns a diversified portfolio of commercial real estate net leased to leading companies. Realty Income has increased its dividend 131 times since its public market listing in 1994, including the last 111 quarters in a row [1]. This consistent growth is supported by its stable rental income and strong financial profile, allowing it to continue expanding and increasing its dividend.

Verizon (VZ) offers a forward dividend yield of around 5.5%. The telecommunications giant has a history of steady dividend increases, with a 10-year dividend growth rate of 2.2% [2]. Verizon's regulated utility model ensures stable cash flow through grid modernization and renewable energy transition. Despite a temporary dividend freeze (expected to last up to five years), its capital-intensive projects and regulated environment ensure consistent cash flow.

Pfizer (PFE), a pharmaceutical company, currently yields more than 5%. Pfizer has steadily increased its dividend for over a decade, with a 10-year dividend growth rate of 4.2% [2]. The company's strong financial profile and consistent cash flow generation support its dividend growth. Pfizer's focus on innovation and research and development provides a buffer against economic downturns.

These high-yield dividend stocks offer a compelling mix of income potential and long-term resilience. Investors seeking passive income should consider these stocks for their balance between high yields and dividend growth. However, it is essential to monitor each company's financial health and future growth prospects to ensure continued dividend increases.

References:
[1] https://www.fool.com/investing/2025/08/17/5-high-quality-dividend-stocks-yielding-well-over/
[2] https://www.ainvest.com/news/5-high-yield-dividend-stocks-strong-financial-health-sustainable-growth-2025-2508/