The Motley Fool

2 FTSE 250 dividend stocks yielding 4%+ that I’d buy today

Image source: Getty Images.

This year has seen the FTSE 250 and other global stock markets experience a period of high volatility. Much of this is due to the potential risks facing the world economy, as well as uncertainty in the minds of investors. Looking ahead, it wouldn’t be a major surprise if more volatility is yet to come, given the difficulties with inflation and interest rates which could hit the world economy.

As such, companies that are able to offer relatively robust dividend outlooks could become more popular. They may provide investors with a degree of certainty, which is what makes these two stocks worth a closer look right now.

5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!

According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…

And if you click here we’ll show you something that could be key to unlocking 5G’s full potential...

Improving performance

Reporting on Wednesday was RDI (LSE: RDI), a real estate investment trust (REIT). The company’s performance in the first half of its financial year was positive, with its underlying earnings per share rising by 8.2%. This is ahead of its medium term growth target and was boosted by an increase in gross rental income of 2.1% on a like-for-like (LFL) basis.

The company has been able to improve the income-producing capabilities of its portfolio through the recycling of capital out of low-growth assets and into assets which offer stronger long-term potential. With an occupancy level of 97.3%, the company appears to have a solid outlook, which could help to boost dividend payments in future years.

In fact, RDI currently has a rather enticing income outlook. It has a dividend yield of 7.7%, which makes it one of the highest-yielding shares in the FTSE 250. With the stock trading on a price-to-earnings (P/E) ratio of 14 and offering a relatively robust growth outlook, it could become increasingly popular if stock market volatility remains high.

Dividend growth

Also offering strong income return potential within the REIT sector is Assura (LSE: AGR). The manager and developer of surgery buildings and healthcare centres has experienced a positive period in recent years when it comes to dividend growth. Shareholder payouts have doubled in the last four years, and this puts it on a dividend yield of 4.6% at the present time.

With further dividend growth of 10% per annum forecast over the next two financial years, the stock could provide its investors with a rising real-terms yield even if inflation returns to a higher level as Brexit talks progress.

Certainly, there are companies which offer stronger earnings growth and a lower valuation than Assura. Its P/E ratio of 23 may seem rather high, but due to its relatively low level of risk and its long-term growth potential it could be worthy of a premium valuation.

Therefore, from an income investing perspective it may become increasingly popular as investors continue to seek income-producing assets which offer a robust outlook in a volatile set of market conditions. And since interest rate rises could be slow and steady, its dividend potential may be worth paying for.

5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!

According to one leading industry firm, the 5G boom could create a global industry worth US $12.3 TRILLION out of thin air…

And if you click here, we’ll show you something that could be key to unlocking 5G’s full potential...

It’s just ONE innovation from a little-known US company that has quietly spent years preparing for this exact moment…

But you need to get in before the crowd catches onto this ‘sleeping giant’.

Click here to learn more.

Peter Stephens has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Our 6 'Best Buys Now' Shares

The renowned analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.

So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we're offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our 'no quibbles' 30-day subscription fee refund guarantee.

Simply enter your email address below to discover how you can take advantage of this.

I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.