Dividend stocks are not just nice sources of income for today, but have proven to be one of the best ways for individuals to build long-term wealth and establish an income stream that grows over time. The best companies don't just pay a dividend; they have the ability to grow their payout over time, and usually at a higher rate than inflation.
And when those dividend stocks already pay a high yield, it can put you one step ahead of the crowd. To help you get a head start on finding the best high-yield dividend stocks to buy, here is a closer look at three high-quality companies with a dividend yield that's above 4% at recent prices: Brookfield Infrastructure Partners, Pattern Energy Group, and Tanger Factory Outlet Centers.
Dividend yields as of Oct. 16, 2019, based on last dividend paid.