The article "5 High-Yield Dividend Stocks Yielding 5% or More to Buy in July" highlights five dividend stocks that are ideal for income investors looking for yields above 5%: 1. **Gaming & Leisure Properties (GLPI)**: Offers a 7.3% yield with strong AFFO growth, despite some lease coverage concerns. 2. **VICI Properties (VICI)**: Yielding nearly 7%, it has maintained full occupancy and provides substantial dividend coverage through its long lease terms. 3. **W. P. Carey (WPC)**: A diversified REIT with a 5% yield, its inflation-linked leases help sustain dividend growth. 4. **Enbridge (ENB)**: Established with 31 consecutive annual dividend increases and a yield of 6.9%, its cash flow supports the payout. 5. **Getty Realty (GTY)**: The smallest on the list with a 5.6% yield, it focuses on convenience properties while managing environmental liabilities. All stocks have strong fundamentals supporting their dividend payouts, even amid tightening credit spreads and rising long rates.

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5 High-Yield Dividend Stocks Yielding 5% or More to Buy in July

By Danielle LiverancePublished Jul 10, 10:18AM EDT

Quick Read

GLPI yields 7% with 9% AFFO growth, and VICI has raised its dividend 8 straight years at 100% occupancy on 40-year lease terms.
W. P. Carey links 48% of leases to CPI, and 2026 AFFO guidance of roughly $5 per share comfortably covers its 5%+ dividend yield.
Enbridge marks 31 straight annual dividend increases with a 6.9% yield, backed by a C$40 billion secured backlog and data-center-driven gas demand.
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5 High-Yield Dividend Stocks Yielding 5% or More to Buy in July

Income investors got a mixed setup heading into the back half of 2026. Long rates are still stubborn, credit spreads are tight, and dividend growth has slowed at many blue chips. That has left a narrower band of names offering both a starting yield above 5% and the underlying cash flow to keep raising the payout. The five picks below all clear that bar today, and each has plenty of coverage from AFFO, FFO, or distributable cash flow, which is what actually funds the check.

Gaming & Leisure Properties (GLPI)

Gaming & Leisure Properties ( NASDAQ:GLPI | GLPI Price Prediction) is the original triple-net gaming REIT, with 71 gaming and related facilities across 21 states leased to tenants including PENN, Bally’s, Boyd, and Caesars. Shares are trading for roughly $43, against a forward annualized dividend of $3.28 after the June hike from $0.78 to $0.82 per quarter. That translates to a juicy 7.3% dividend.

Coverage looks healthy. Q1 2026 AFFO reached $297.14 million, or $1.02 per diluted share, up 9.2% year over year, and management raised full-year AFFO guidance to $4.08 to $4.12 per diluted share. CEO Peter Carlino said “GLPI’s consistent growth and momentum is evident in our record first quarter results”.

Risk: Two master leases carry sub-threshold coverage, with the amended Pinnacle Master Lease at 1.70x and the Caesars Master Lease at 1.59x, both below the 1.8x escalator trigger.

VICI Properties (VICI)

VICI Properties ( NYSE:VICI) owns Caesars Palace, MGM Grand, and the Venetian, among 93 experiential assets at 100% occupancy on a 39.6-year weighted average lease term. With shares trading around $26 and a forward annualized dividend of $1.80, the yield is nearly 7%.

The bull case is durable AFFO with contractual escalators. Management guided 2026 AFFO to $2.42 to $2.45 per diluted share – plenty of coverage there – and CEO Edward Pitoniak highlighted “8th consecutive annual dividend increase” alongside 7.4% AFFO growth with only 2.1% share count growth. New capital deployment includes a $1.16 billion Golden Entertainment sale-leaseback at a 7.5% cap rate, expected to close mid-2026.

Risk: Tenant concentration is heavy, with Caesars at 39% and MGM at 34% of annualized rent, or 73% combined. Q4 2025 also carried a $153.08 million non-cash CECL charge, a reminder that the lending book adds volatility.

W. P. Carey (WPC)

W. P. Carey ( NYSE:WPC) is a diversified net-lease REIT with 1,682 properties, 371 tenants, 98% occupancy, and a 12.0-year weighted average lease term. Shares are trading for around $71.50, and the recent quarterly hike to $0.94 puts the forward annualized rate near $3.76, a yield just over 5%.

Dividend coverage is anchored to AFFO growth. Full-year 2025 AFFO came in at $4.97 per share, up 5.7%, and 2026 guidance calls for $5.13 to $5.23 per diluted share. Roughly 48% of leases are CPI-linked, which supports inflation-protected same-store rent growth. CEO Jason Fox said the initial guidance implies “growth in the low-to-mid 4% range”.

Risk: The 2024 post-Office-spinoff dividend reset is still recent, and 2025 absorbed $6.4 million in credit-related rent loss plus European FX exposure on roughly a third of base rent.

Enbridge (ENB)

Enbridge ( NYSE:ENB) is the biggest name on the list, with a market cap around $119 billion and one of the longest dividend-growth streaks in North American energy. The Canadian payer just marked its 31st consecutive annual increase, and it’s yielding just over 5%.

Coverage is grounded in distributable cash flow. Q1 2026 DCF was C$3.85 billion, and 2026 guidance calls for adjusted EBITDA of C$20.2 billion to C$20.8 billion with DCF per share of C$5.70 to C$6.10. Backing that is a C$40 billion secured growth backlog plus data-center-driven gas demand.

Risk: Leverage sits at 5.0x debt-to-EBITDA, at the top of the 4.5x to 5.0x target range, and the dividend is paid in Canadian dollars, adding FX translation risk for USD holders.

Getty Realty (GTY)

Getty Realty ( NYSE:GTY) is the smallest name on the list, a net-lease REIT focused on 1,174 freestanding convenience, auto service, car wash, and QSR properties across 44 states. It’s yielding about 5.6% with shares trading around $34.

The bull case is deployment velocity. In 2025 Getty put out $268.8 million across 73 properties at a 7.9% initial cash yield and enters this year with more than $500 million in liquidity and roughly $100 million in committed pipeline. 2026 AFFO guidance of $2.48 to $2.50 per diluted share comfortably covers the annualized dividend. CEO Christopher Constant said Getty is “poised for continued growth”.

Risk: Environmental litigation and remediation liabilities remain a lumpy item quarter to quarter, and at a market cap near $2.07 billion, Getty is more dependent on equity issuance to fund deals than its larger peers.

Keep an eye on the next round of ex-dividend dates and Q2 earnings reports, which will show whether the coverage cushion holds after potential mid-year hikes.

Contact editorial@247wallst.com for any questions or corrections.

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About the Author Danielle Liverance →

I've spent more than 15 years inside enterprise software, working alongside the finance, sales operations, and HR leaders who run the revenue engines at some of the largest tech companies in the country.

My day job is helping enterprise executives make smarter decisions about retention, compensation, and growth. These are the same operational levers that show up in every earnings report investors actually read. That perspective shapes my writing for 24/7 Wall St.

The headline numbers are easy. The interesting stuff is underneath: how companies make money, what executives are worried about, and what any of it means for the person checking their 401(k) on a Sunday afternoon. I write about personal finance and business as someone who has spent her career inside the rooms where these decisions get made.

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