2 High-Yield Stocks to Buy With $1,000 and Hold Forever

Group 1: Toronto-Dominion Bank (TD Bank) - Toronto-Dominion Bank offers an attractive dividend yield of 4.1%, significantly higher than the average U.S. bank yield of approximately 2.6% [2] - The high yield is a result of TD Bank's internal control issues in the U.S. market, leading to regulatory fines and an asset cap on its U.S. division [3][5] - Despite these challenges, TD Bank maintains a strong position in Canada, and its business there remains unaffected by U.S. regulatory actions, allowing for potential growth albeit at a slower pace [6] - The bank recently increased its dividend, indicating management's confidence in its future prospects [7] Group 2: Federal Realty - Federal Realty boasts a dividend yield of around 4.4%, slightly above the average yield of approximately 4.1% for real estate investment trusts (REITs) [8] - It is distinguished as the only REIT to achieve Dividend King status, having increased its dividends annually for over five decades, making it a reliable income stock [8] - The company focuses on quality over quantity, owning about 100 properties in prime locations with affluent nearby populations, differentiating itself from peers [9] - Federal Realty actively manages its portfolio, selling properties when favorable prices are available and reinvesting in redevelopment opportunities to enhance asset value [10] - The investment strategy has successfully rewarded investors with steadily growing dividends over the years [10]