Texas Instruments (NASDAQ: TXN), Philip Morris International (NYSE: PM), and W.P. Carey (NYSE: WPC) are key names across semiconductors, tobacco, and real estate with strong dividend yields. These three names not only have yields between 2% and 6% but also just increased their payments. At first glance, their dividend sustainability looks questionable, with all three having elevated payout ratios. However, adjusting for future growth and using the appropriate payout metric shows that their dividends are on solid footing.
