My 3 Top High-Yield Dividend Stocks to Buy in September

Group 1: Dominion Energy - Dominion Energy's stock has seen significant appreciation since early July, driven by investor anticipation of interest rate cuts [3] - The company's forward dividend yield stands at 4.8%, making it attractive to income investors as lower interest rates reduce bond yields [4] - Dominion serves over 4.5 million customers across 13 states, with a key growth opportunity in Virginia, particularly in the data center market [5] Group 2: Realty Income - Realty Income offers a forward dividend yield of 5.1% and pays dividends monthly, which is appealing to investors [6] - The company has a strong track record of increasing its dividend for 29 consecutive years at a compound annual growth rate of 4.3% [6] - Lower interest rates are expected to benefit Realty Income by attracting income investors and reducing borrowing costs for property acquisitions [7] - The REIT is also looking to expand its presence in Europe, which has a larger net lease market compared to the U.S. [8] Group 3: United Parcel Service (UPS) - UPS has faced challenges this year, including a decline in revenue and earnings, largely due to competition from Amazon [9] - The company anticipates improved performance in the second half of the year, with a focus on higher-margin opportunities in healthcare logistics [10] - UPS is restarting its stock buyback program, planning to repurchase around $500 million in shares this year, increasing to approximately $1 billion annually [11] - The forward dividend yield for UPS is 5.1%, supported by ongoing demand for package delivery, which is expected to generate sufficient free cash flow [11]