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

Realty Income (O) is highlighted as a top S&P 500 stock yielding 5.3%, offering reliable monthly dividend payments with 115 consecutive quarters of increases. The retail REIT owns nearly 16,000 properties globally with a stable tenant base including Walmart and Home Depot, while diversifying into gaming, industrials, and data centers. The stock remains undervalued due to negative real estate sentiment, presenting a buying opportunity before potential interest rate declines.