15 Very High Yield Dividend Stocks Worth Checking Out

10. Iron Mountain Inc (NYSE: IRM)

Dividend Yield: 7.35%

Revenue: $4.26 billion

Market Cap: $9.62 billion

Assets: $13.8 billion

Headquarters: Boston, MA

Iron Mountain is a Boston-based enterprise that stores records, usually physical records and data backup media, and provides information management services at various locations across North America, Europe, Latin America, Asia Pacific, and Africa. Currently, Iron Mountain pays an annual dividend rate of $2.47 yielding 7.35%.

In a Q3 2020 investor letter released by Nelson Roberts Investment Advisors, the firm highlighted Iron Mountain and stated that:

“In the real estate sector, we bought a position in Iron Mountain (NYSE: IRM), the global leader in document storage and information management systems. Iron Mountain has a reliable core business and boasts a hefty 9.5% dividend. To facilitate growth, the company is working to expand into new areas such as data centers.”

9. Kinder Morgan Inc (NYSE: KMI)

Dividend Yield: 7.46%

Revenue: $12.8 billion

Market Cap: $34.45 billion

Assets: $73.5 billion

Headquarters: Houston, TX

KMI ranks 9th on our list of the very high yield dividend stocks. Kinder Morgan owns and operates pipelines that transfer natural gas, gasoline, crude oil, carbon dioxide, and terminals that store petrochemicals and handle bulk materials such as coal and petroleum coke. The company offers an annualized dividend of $1.05 yielding 7.46%. In December 2020, KMI announced the Directors’ intention to increase the annual dividend from 2021 to $1.08 per share. This will mark a 3% spike in the dividend from 2020.

We believe KMI is also very likely to outperform the market in 2021 as risk averse investors will get tired of holding cash that yields next to nothing and take some chances with high yielding stocks like KMI and ENB.