10%+ dividend yields! 3 global income stocks to consider for the long term
Many high-quality income stocks are far more expensive than they were a year ago. This creates a challenge for investors seeking top dividend shares to buy.
With this in mind, I’ve dug out three of the hottest global dividend stocks to consider today. These are The Renewables Infrastructure Group (LSE:TRIG), Western Union (NYSE:WU), and Henderson Far East Income (LSE:HFEL).
Not only do these income shares carry double-digit dividend years. They also have strong records of dividend distribution behind them, which should allay any fears of them being classic dividend traps. Want to know what makes them in my view so great? Read on…
The Renewables Infrastructure Group offers an 11.4% dividend yield for 2026. For next year the reading moves to 11.5%. These are no pie-in-the-sky forecasts — excluding 2021, annual payouts here have risen every year since the stock listed in London in 2013.
But what makes it such a reliable (and big-paying) dividend share? It owns a highly diversified portfolio of renewable energy assets, delivering a predictable cash flow across the economic cycle. Earnings and dividends are also boosted by long-term, inflation-linked contracts with energy suppliers.
Like any renewable energy share, power generation (and by extension) shareholder returns are at the mercy of weather conditions. However, Renewables Infrastructure smoothes out this risk by building wind and solar assets across Europe, which maintains strength at group level.
Western Union’s dividend yields sit at 10% for 2026 and 10.1% for 2027 respectively. Yields have leapt as the share price has declined, reflecting the impact of new fintech companies on its operations.
Put simply, people have a wide choice of options when it comes to sending payments. But in its 125-year history, Western Union has adapted to technological changes and evolving consumer habits. And it has a few tricks up its sleeve to remain profitable, from shifting further into digital payments and away from cash-based agents, to expanding into fast-growth regions.
Last year, for instance, saw Western Union link up with regional operators in Latin America and Saudi Arabia to win new customers. I think it could be a great dip buy to consider — as well as having those double-digit yields, it trades on a forward price-to-earning (P/E) ratio of just six times.
Henderson Far East Income is listed on the London Stock Exchange. But it’s a great investment vehicle to consider for those hunting international dividend shares.
The trust holds a total of 74 companies spread across Asia including China, South Korea, Hong Kong, and Singapore. This leaves it more vulnerable to regional stress than one with a wider wingspan. But it also means robust returns, reflecting the stunning economic growth of these countries.
