Big Tech’s rush to issue AI-related debt is pouring hundreds of billions into the bond market, helping push long-term Treasury yields toward 5% and making risk free income look more appealing. That shift can weigh on share prices; yet it also shines a spotlight on high-yield dividend stocks with at least 3% yields, moderate risk scores, and manageable leverage. For investors who want income but are cautious about heavy borrowing costs, this screen surfaces companies that may handle higher funding costs more steadily. Below, you will see 3 stocks from this list that appear relatively well positioned.

Rexford Industrial Realty (REXR)

Overview: Rexford Industrial Realty is an industrial REIT that owns, operates, and upgrades a large portfolio of warehouse and logistics properties across infill Southern California, targeting one of the tightest and most sought-after industrial real estate markets in the world.

Operations: Rexford generates essentially all of its US$995.9 million in revenue from investing in, operating, and repositioning industrial real estate in the United States.

Market Cap: US$8.6b

Investors looking at Rexford Industrial Realty are getting exposure to scarce industrial real estate in infill Southern California, supported by high occupancy, a sizeable redevelopment pipeline and what analysts describe as substantial liquidity and a conservative balance sheet. In a market where higher Treasury yields are pulling attention toward income, Rexford offers a high dividend yield, but the payout is not well covered by free cash flow and recent earnings momentum has softened, with net profit margins down from 28% to 22.1% and a recent year of earnings decline. The company’s focus on redevelopment and share buybacks may be attractive, yet its rich P/E and reliance on external funding mean the upside story comes with meaningful risk that income focused investors need to weigh carefully.

Rexford’s rich P/E and Southern California focus have investors split, yet its balance sheet is often cited as a strength. Get the full picture with the Rexford Industrial Realty Rexford Industrial Realty financial health report

Apple Hospitality REIT (APLE)

Overview: Apple Hospitality REIT is a hotel focused real estate investment trust that owns 216 upscale, rooms focused hotels across the United States, primarily under the Hilton, Marriott and Hyatt brands. This gives investors broad exposure to branded U.S. lodging demand.

Operations: Apple Hospitality REIT generates all of its US$1.4b in revenue from its hotels segment in the United States.

Market Cap: US$4.0b

Apple Hospitality REIT may appeal to investors who want higher income from real assets, with a large, branded hotel portfolio that has historically produced steady cash flows and a regular monthly dividend, even as higher Treasury yields pull attention toward safer income. Recent earnings softness, a high debt load and an unstable dividend track record indicate that this is not a simple bond proxy. Refinancing as rates shift could pressure returns. The stock currently screens as undervalued on a DCF basis, analysts have been lifting earnings estimates, and recent commentary highlights careful management of maturities and fixed rate exposure. Together, these factors make Apple Hospitality REIT a candidate that income focused investors may want to examine more closely when weighing potential rewards against balance sheet risk.

Apple Hospitality REIT’s “bond like” hotel income story, combined with refinancing questions, leaves a lot between the lines. See how the full analysis report for Apple Hospitality REIT reframes the risk reward trade off right where it matters most

VICI Properties (VICI)

Overview: VICI Properties is an S&P 500 real estate investment trust that owns casinos, hotels and other leisure properties such as Caesars Palace, MGM Grand and the Venetian, collecting rent from operators under long term leases rather than running the venues itself.

Operations: VICI Properties generates about US$4.0b in revenue from real estate investment activities in the United States.

Market Cap: US$29.0b

VICI Properties may appeal to investors who want income from real assets backed by long term, triple net leases to major casino and resort operators. This structure can look comparatively attractive when bond yields are high and stock valuations face pressure. Its experiential portfolio, inflation linked rent escalators and recent deals in Canada and the Caribbean indicate a focus on cash flow durability. At the same time, tenant concentration around large operators such as Caesars, along with the use of external borrowing and lending structures, introduces risks if financial conditions tighten. VICI currently reports strong profit margins and a high dividend yield. For readers, a key consideration is how secure that income may be as interest rates change and gaming habits develop, and whether the current price reflects both the resilience and the concentration risk within VICI’s business model.

VICI Properties’ high-margin triple net lease income profile and concentrated casino exposure often appear out of sync with the headline risk. Get the full context in the analysis report for VICI Properties

The 3 dividend stocks in this article are just a starting point, and the full High-Yield Dividend Stocks screener surfaces 14 more companies with similarly income focused stories that may merit a closer look. Use Simply Wall St to identify, analyze, and filter for the specific catalysts, balance sheet qualities, and dividend narratives that matter most, so you can focus on your highest conviction ideas.

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If Apple Hospitality REIT or any of these companies sound like a great opportunity, register for FREE with Simply Wall St and add your companies to a Watchlist to monitor the share price against the fair value the ideal entry point. Once you've made your move, manage your holdings with our Portfolio Command Center that filters out the noise to deliver only the most critical, actionable updates. Throughout your journey, our Community allows you to filter the best ideas from thousands of investor perspectives. By uncovering hidden catalysts and risks early, you'll accelerate your decision-making and stay one step ahead of the market.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.