Among roughly 300 stocks on Wall Street offering ultra-high dividend yields of at least 5%, Enterprise Products Partners and Realty Income are arguably the safest choices. Enterprise Products Partners, one of America's largest midstream energy companies, has raised its annual payout for 27 consecutive years and currently yields almost 6%, supported by long-term fixed-fee contracts that insulate cash flow from commodity price swings. Realty Income, a premier real estate investment trust, pays its dividend monthly and has increased its payout 135 times since its 1994 initial public offering, with a portfolio of recession-resistant tenants and a near-99% occupancy rate that far exceeds the historical median for S&P 500 REITs. Both companies have demonstrated exceptional dividend reliability, with Enterprise raising its distribution 83 times since 1998 and Realty Income delivering 115 consecutive quarterly increases.
Enterprise Products Partners LPArticle highlights Enterprise Products Partners as one of the safest ultra-high-yield dividend stocks with 27 consecutive years of payout increases and fixed-fee contracts, supporting dividend reliability.
Realty Income Corporation