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10 Dividend Stocks That Will Deliver Double-Digit Returns Every Year

These stocks already generate high annual income, so you need just a little growth to reach 10%-plus in annual returns

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Dividend Stocks to Buy for Double-Digit Returns: VEREIT (VER)

Vereit Inc (NYSE:VER)
Source: Shutterstock

Dividend Yield: 6.2%

Maybe I’m a sucker for reform stories, but I see a very good future ahead for retail and restaurant REIT VEREIT Inc (NYSE:VER), which boasts Red Lobster among its top tenants.

VEREIT has a checkered past. Its predecessor, American Realty Capital, was brought down by an accounting scandal that thoroughly tarnished the company’s brand and forced it to slash its dividend for while. But the management team that was responsible for the accounting shenanigans was forced to resign, and their replacements have done a fine job of cleaning up the company’s books, selling off non-strategic properties and building a classy organization with staying power.

VEREIT currently yields 6.2% in dividends. Historical dividend growth numbers aren’t particularly relevant since it only reinstated its dividend a little over a year ago. But VEREIT has ample room to raise its dividend, and that will only improve as the company’s credit rating continues to improve. VEREIT recently reclaimed investment-grade status after being downgraded to junk in the wake of the accounting scandal.

Between the fat dividend yield and the expected revaluation, double-digit annual gains for years to come seems pretty reasonable.

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