Dividend yielding shares of 7% or more: stability and growth in one

Investing in dividend stocks is one of the best strategies for building long-term passive income. Stable dividend yields not only provide regular income, but can also help offset the effects of inflation on the purchasing power of your money. If you choose stocks with high and sustainable dividends, you can ensure not only a steady yield, but also growth in the value of your investment over the years.

One of the key metrics that investors look at is dividend yield, the percentage ratio between the annual dividend payout and the current share price. Shares with 7% yield can offer an ideal balance between high yield and relatively low risk if carefully selected. It is important to invest in companies with solid fundamentals and long-term stability.

Slate Grocery REIT $SRRTF - Stable Retail Income

Slate Grocery REIT is a Canadian real estate investment trust (REIT) that focuses on retail real estate in the US. Its portfolio consists of 116 shopping centers predominantly occupied by large grocery chains such as Walmart, Kroger and Publix. These companies have a stable customer base because food and basic necessities are essential in any economic situation.

One of the main reasons Slate Grocery REIT is attractive is its High occupancy (94.6%) and long-term leases that provide stable income. In addition, most of these leases contain inflation clauses, which means that rents can automatically increase as price levels rise.

In terms of dividends, Slate Grocery REIT pays annual USD 1.24 per sharewhich, at the current price of under CAD 14, represents a yield of 8,8 %. A significant advantage for Canadian investors is that this dividend is paid in U.S. dollarswhich can be advantageous as the Canadian currency weakens. Over the past decade, the U.S. dollar has strengthened against the Canadian dollar by 21 %which adds another layer of inflation protection.

Telus $TU - a growing dividend from the telecom sector

Telus is one of Canada's largest telecom operators, along with BCE and Rogers. Telus offers a wide range of services, including mobile networks, fixed internet, digital TV and cloud solutions. The company has built up a a strong customer base with more than 18 million subscriberswhich provides it with stable revenue from monthly fees.

One of the reasons Telus is an attractive dividend stock is its long-term strategy increasing dividends. The company increases its payout to shareholders by approximately 7% annually.which helps maintain the purchasing power of the dividend even as inflation rises. The current dividend is CAD 1.61 per sharewhich is equivalent to the yield 7,7 %.

The company is currently undergoing a transformational period as it invests in expanding 5G network and the development of digital technologies. High interest rates and expansion costs have weighed on its debt burden, but it is expected to grow with falling interest rates its financial position will stabilise. In addition, Telus is actively reducing costs and restructuring its operationswhich should further strengthen its ability to pay and increase dividends in the future.

Disclaimer: You will find a lot of inspiration on Bulios, but stock selection and portfolio construction is up to you, so always conduct a thorough analysis of your own.

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