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Barchart
Barchart
Amit Singh

Seeking Passive Income? This ‘Strong Buy’ Dividend Stock Yields 8.6%.

CTO REIT United States CTO Realty Growth

If you’re aiming to build a reliable source of passive income, high-yield dividend stocks remain an attractive option. By investing in financially stable companies with consistent dividend payouts, you can enjoy regular income along with potential for decent long-term capital appreciation.

Among the leading high-yield dividend stocks, CTO Realty Growth (CTO) stands out for its high yield of 8.6% and sustainable payouts. Moreover, analysts have a “Strong Buy” consensus rating on the shares of this real estate investment trust (REIT), indicating that they are confident about its prospects.

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