3 Elite High-Yield Dividend Stocks Down 8% to 27% That Have Hiked Their Payouts for More than 50 Years in a Row

Core Insights - Some of the best dividend stocks, including Federal Realty Investment Trust, Johnson & Johnson, and PepsiCo, are currently experiencing significant price declines, making them attractive investment opportunities due to higher dividend yields [1][12] Federal Realty Investment Trust - Shares have declined nearly 20% from their 52-week high, resulting in a dividend yield exceeding 4.5%, which is over three times higher than the S&P 500's sub-1.5% yield [2] - The company has a record of increasing dividends for 57 consecutive years, the longest in the REIT industry, qualifying it as a Dividend King [4] - Federal Realty focuses on high-quality retail properties in major metro markets, particularly open-air shopping centers and mixed-use properties, leading to high occupancy and steady rent growth [5] Johnson & Johnson - Shares have dropped more than 8% from their recent peak, raising the dividend yield to nearly 3.5% [6] - The company has increased its dividend payment by 4.8% this year, extending its growth streak to 63 consecutive years [6] - Johnson & Johnson holds a AAA credit rating, with a strong balance sheet and robust free cash flow, generating about $20 billion annually, which comfortably covers its nearly $12 billion dividend outlay [7][8] PepsiCo - The stock has fallen over 27% from its 52-week high, resulting in a dividend yield surpassing 4% [9] - PepsiCo recently increased its dividend payout by 5%, extending its growth streak to 53 consecutive years [9] - The company invests heavily in product development and capacity expansion, expecting 4% to 6% annual organic revenue growth and high single-digit earnings-per-share growth [10][11]