4 Dividend Stocks Yielding 4%+: Realty Income, PepsiCo, More
Four U.S. dividend stocks yielding above 4% are drawing income investors in November 2026: Realty Income, Federal Realty, PepsiCo and Hormel. Yields run from about 4% to 5.4%, but analysts see more risk in the two food and drink names.
Four U.S.-listed dividend stocks yielding 4% or more, Realty Income, Federal Realty, PepsiCo and Hormel, are being pitched to income investors in a November 14, 2026 analysis. Realty Income (NYSE: O) tops the group at 5.4%, followed by Hormel (NYSE: HRL) at 5.2%, PepsiCo (NASDAQ: PEP) at 4.1% and Federal Realty (NYSE: FRT) at about 4%.
The analysis argues the four 4% yields stand out because of the 4% withdrawal rule, a rule of thumb that retirees can draw 4% of savings a year without running out of money. A portfolio that yields 4% on its own would require no withdrawals at all.
This is a market analysis, not personal investment advice.
Streaks of dividend increases
Realty Income has raised its dividend every year for 32 years. Federal Realty, PepsiCo and Hormel have each done so for more than 50 years, which earns them the "Dividend King" label.
Federal Realty is the only Dividend King among real estate investment trusts (REITs), companies that own income-producing property. It holds strip malls and mixed-use properties, typically around 100 in total, in areas with large, wealthy populations nearby.
Two retail REITs, different models
Realty Income owns single-tenant properties under a net lease approach. Its portfolio exceeds 15,500 properties, and it focuses on sale-leaseback deals, in which a seller raises financing and then rents the property back.
The analysis says its size lets it take on transactions smaller rivals cannot handle. It also cites an investment-grade balance sheet, which helps the company access capital markets and bid aggressively.
The 5.4% yield is not a sign of risk, the analysis says. It reflects a shifting interest-rate environment that will raise Realty Income's funding costs, though property markets have adjusted to rate changes before.
Food and drink names carry more risk
PepsiCo and Hormel are consumer staples companies. Their yields sit well above the sector average of roughly 2%, which the analysis reads as a sign both face headwinds. It calls them probably higher-risk options than the two REITs.
PepsiCo grew organic sales 3.1% in the third quarter of 2026. Hormel's organic sales fell 2%. Rival Coca-Cola (NYSE: KO) grew organic sales 7%.
The analysis says neither company is hitting on all cylinders but calls both well-run businesses. It describes PepsiCo as globally diversified across snacks, beverages and packaged foods, and Hormel as largely focused on the U.S.
