With September just around the corner, investors are on the lookout for high-yield dividend stocks that can provide a pleasant surprise. Sin stocks, which are companies in industries like tobacco, alcohol, and gambling, are known for their stable dividends and resilient performance. Here are five high-yield dividend sin stocks that could be the perfect September surprise for investors.
1. Altria Group Inc. (NYSE: MO) – Altria, one of the largest tobacco companies in the world, offers investors a hefty dividend yield of over 7%. Despite regulatory challenges, the company has a strong track record of returning value to shareholders through dividends.
2. Diageo PLC (NYSE: DEO) – Diageo is a global leader in the alcoholic beverage industry, with popular brands like Johnnie Walker and Smirnoff. The company’s dividend yield is around 3%, making it an attractive option for income-seeking investors.
3. Las Vegas Sands Corp. (NYSE: LVS) – As a major player in the casino and resort industry, Las Vegas Sands offers investors a dividend yield of approximately 5%. The company’s diversified portfolio of properties in Macau and Las Vegas provides stability and growth potential.
4. Anheuser-Busch InBev SA/NV (NYSE: BUD) – Anheuser-Busch is one of the largest beer companies in the world, with a dividend yield of around 2%. Despite challenges in the beer industry, the company’s strong brand portfolio and global reach make it a solid choice for dividend investors.
5. Imperial Brands PLC (OTCQX: IMBBY) – Imperial Brands is a tobacco company with a dividend yield of over 8%. The company’s focus on reduced-risk products and strong cash flow generation make it an attractive option for income investors.
In conclusion, high-yield dividend sin stocks can be a great addition to a portfolio, providing investors with steady income and potential for growth. Consider adding these five sin stocks to your watchlist this September for a pleasant surprise in your investment strategy.