7 Highest-Yielding Dividend Aristocrats May Be Some of the Best 2023 Total Return Picks

IBM’s Financing segment offers lease, installment payment, loan financing and short-term working capital financing services.

The dividend yield here is 4.68%. The Credit Suisse price target is $155, and the consensus target is $142.43. Thursday’s closing print for IBM stock was $141.11.

Federal Realty Investment Trust

While residential real estate has been struggling, demand is still solid in the commercial space, and hard assets are good in inflationary times. Federal Realty Investment Trust (NYSE: FRT) is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Boston to Washington, as well as San Francisco and Los Angeles.

Founded in 1962, Federal Realty’s mission is to deliver long-term, sustainable growth through investing in densely populated, affluent communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland, and Assembly Row in Somerville, Massachusetts.

Federal Realty’s 105 properties include approximately 3,000 tenants in 24 million square feet and over 2,600 residential units. Federal Realty has increased its quarterly dividends to its shareholders for 52 consecutive years, the longest record in the real estate investment trust industry.

Unitholders of Federal Realty Investment Trust stock receive a 4.28% distribution. Raymond James’s $120 price target accompanies its Strong Buy rating. The consensus target is $114.90, and shares closed on Thursday at $102.72 apiece.

Stanley Black & Decker

In times when the economy is struggling, the do-it-yourself legions repair instead of replace, and this tool giant is a very solid play. Stanley Black & Decker Inc. (NYSE: SWK) engages in the tools and storage and industrial businesses in the Americas, Europe and Asia.

Its Tools & Storage segment offers professional products, including professional-grade corded and cordless electric power tools and equipment and pneumatic tools and fasteners. Its consumer products include corded and cordless electric power tools, primarily under the Black + Decker brand, as well as corded and cordless lawn and garden products and related accessories home products and hand tools, power tool accessories and storage products. This segment sells its products through retailers, distributors, dealers and a direct sales force to professional end-users, distributors, dealers, retail consumers and industrial customers in various industries.

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Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.