There Are Only a Handful of S&P 500 Stocks That Yield Over 5%. Here's My Top Pick to Buy in September.

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Finding Value in High-Yield U.S. REITs: Realty Income's SA Angle

Realty Income offers a rare 5.3% yield in the U.S., a setup worth watching through the USD/ZAR lens.

South African investors often look locally for yield, but our bond and dividend space is challenged by inflation and currency volatility. Realty Income, a U.S. real estate investment trust, stands out with its 5.3% dividend yield and 115 straight quarters of growth. Its portfolio of well-known retailers like Walmart and Home Depot means steady cash flow, and its diversification into data centers and industrials hedges against sector risk. For rand-based investors, the key is USD/ZAR direction: a weaker rand boosts gains, but currency swings could eat into returns. If U.S. rates start easing, Realty Income shares may grab more interest, making now a rare entry point. That said, a sudden bond market repricing or tougher tenant defaults—if a recession deepens—could derail the stock’s dependability. Still, for steady income seekers willing to tolerate currency swings, this is a name to watch closely. this is just our opinion and not financial advice