I think I would tie my definition to the average yield of the S&P 500. Anything with a yield > double that I would consider high yield. That would include many eREITS, some utilities (like NGG and SO), KMI , most tobacco companies and telecoms - basically anything yielding over about 4%. I own quite of few of those.
I also own a lot in the 2.8-3.5% range.
Lower than that I own WAG and AAPL - though WAG was at 3% when I bought it and YOC is now at 3.65%. That brings up another question - current yield or yield on invested funds (YOC). My OHI is close to 10% YOC.
All of my companies grow their dividends. I will not hold a company for long that misses a dividend increase, or (if not a utility) increases at less than 5% a year. O gets a pass for another year due to the 19% increase it gave when it acquired ARCT, giving it a five year dividend CAGR of over 5% and a 3 year of over 8% - which of course brings up another question - what time period do you use to figure the dividend growth rate
I also own a lot in the 2.8-3.5% range.
Lower than that I own WAG and AAPL - though WAG was at 3% when I bought it and YOC is now at 3.65%. That brings up another question - current yield or yield on invested funds (YOC). My OHI is close to 10% YOC.
All of my companies grow their dividends. I will not hold a company for long that misses a dividend increase, or (if not a utility) increases at less than 5% a year. O gets a pass for another year due to the 19% increase it gave when it acquired ARCT, giving it a five year dividend CAGR of over 5% and a 3 year of over 8% - which of course brings up another question - what time period do you use to figure the dividend growth rate