3 of the Best Dividend Stocks to Buy in August 2026
2026-08-04 13:14
•David Jagielski, Cpa •The Motley Fool
••••••• ••••• Axe Cap view
Picking Dividend Champions for August 2026
A closer look at high-yield dividend stocks and their South African parallels for steady income.
US dividend giants like AT&T and Realty Income offer yields around 5%, with REIT Realty Income standing out for its reliable payments and diversified portfolio. Campbell's high yield is tempting but comes with risk as consumer demand cools. For South African investors, the local telco MTN presents a reasonable alternative to AT&T, offering steady dividends backed by robust market position despite some regulatory challenges. Meanwhile, the stable rental income of Realty Income finds a mirror in Barloworld’s diversified industrial rental assets, though its yield is lower. The rand remains sensitive to global market jitters; a weaker USD/ZAR can boost foreign earnings for global-exposed counters but may pressure import-heavy firms. The consensus? Hold MTN for telecom dividends, cautiously watch Barloworld, and avoid chasing high yields like Campbell’s without strong fundamentals. This view could falter if the rand unexpectedly strengthens or US inflation pressures shift dividends higher on local counters. this is just our opinion and not financial advice
Buy MTN for reliable dividends and defensive telecom revenue. Avoid high-yield but shaky foreign plays like Campbell’s through USD/ZAR exposure. Watch Barloworld for selective industrial dividend growth.
- MTN
- Barloworld
- USD/ZAR
- Rand strengthening hurting export earnings
- US inflation altering dividend landscapes
6/10
The article recommends three high-yielding dividend stocks for income investors: AT&T (4.8% yield), Realty Income (5.1% yield), and Campbell's (7.1% yield). All three stocks trade at attractive valuations and offer sustainable dividend payments, though Campbell's faces headwinds from declining consumer demand.
Our take is based on reporting first published by The Motley Fool.