2 High-Yield Dividend Stocks for Long-Term Investors

Despite a recent dip triggered by unfavorable economic data, the stock market's bull run appears resilient. Between April 4 and August 8, the index surged 25.9%, creating challenges for dividend-seeking investors as rising stock prices outpace profit growth, leaving average S&P 500 yields at a meager 1.2%.

Hidden gems still exist. Novo Nordisk (NVO) and Brookfield Infrastructure Partners (BIP/BIPC) currently offer an average yield of 3.9%, with potential for mid-single-digit annual payout growth. At recent prices, $100 buys a share of each—an accessible entry point for building passive income streams.

Novo Nordisk, the Danish pharmaceutical giant behind Ozempic and Wegovy, presents a curious case. While its shares have halved since late 2023, underlying earnings remain robust. U.S. investors purchasing at current levels WOULD lock in a 3.4% yield, with currency fluctuations being the primary variable.