High-yield stocks offer stability amid market declines

Investors are concerned about a recent drop in the Nasdaq Composite and S&P 500 indexes, which could signal a bear market. In this climate, many are looking for more stable investments. A suggested strategy is to buy high-yield dividend stocks, such as Realty Income and Toronto-Dominion Bank. Realty Income, known as "The Monthly Dividend Company," focuses on providing dependable monthly dividends. The real estate investment trust (REIT) has increased its dividend for 30 years in a row. Its portfolio includes over 15,600 properties, primarily in the retail sector, and also industrial assets. Realty Income has a strong financial position, making it well-equipped to access capital markets, and currently offers a 5.6% dividend yield. Toronto-Dominion Bank, one of Canada’s largest banks, is another solid option. It has paid dividends since 1857. The bank's conservative approach comes from strict regulations in the Canadian banking industry. Recently, TD Bank faced a setback when its U.S. division was fined for money laundering. This has temporarily limited its growth potential. However, the bank has a high dividend yield of around 5%, and it recently raised its dividend by 3%. Investors might find that buying stocks like Realty Income and TD Bank allows them to focus on earning reliable dividends instead of worrying about market ups and downs. With significant yields and a strong track record, these companies may be a wise choice for those looking to invest $2,000 or more amid current market volatility.