Leaving cash in your bank account may be safe, but it could be costing you money. With stocks, if you choose wisely, you can earn a higher rate on your investment within a reasonable boundary of risk. For example, on a $5,000 investment, you could be collecting up to $250 in dividends each year on a stock that pays 5% annually.
Three stocks that pay even more than that today are Physicians Realty Trust (NYSE: DOC) , Verizon Communications (NYSE: VZ) , and Bank of Nova Scotia (NYSE: BNS) . Here's why you should consider buying shares of these businesses.
Physicians Realty Trust is a real estate investment trust ( REIT ) that collects income from hundreds of medical facilities across the U.S. Since it's generally a stable industry, healthcare can offer some great consistency for investors holding shares of the REIT.
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Got $5,000? These 3 Dividend Stocks Are Yielding More Than 5%