3 Top Dividend Stocks To Buy In March

Its forward dividend payout ratio of 61% is backed by consistent cash flows. It is also sustainable, as the company has committed to increasing its dividends at approximately 10% annually through 2026 and then 6% each year until 2028. NextEra Energy's diverse business offers stability from regulated electricity distribution as well as growth possibilities from the renewable energy segment. This dynamic has enabled the company to generate consistent cash flows that sustain its dividends.

Overall, Wall Street rates NEE stock as a “Moderate Buy.” Of the 22 analysts that cover the stock, 15 rate it a “Strong Buy,” six suggest a “Hold,” and one suggests a “Strong Sell.” The stock is trading close to its average target price of $92.24. But its Street-high estimate of $106 further implies NEE stock can go as high as 14% in the next 12 months.

Dividend Stock #3: Rexford Industrial (REXR)

Rexford Industrial (REXR) is a Los Angeles-based real estate investment trust (REIT) that specializes in owning and managing industrial properties across Southern California’s high-demand infill markets. Rexford pays a slightly higher yield of 4.6%, compared to the real estate sector average of 4.4%. For a REIT, funds from operations (FFO) play a similar role as net earnings for non-REITs and can be used to determine how much of the FFO can be paid out as dividends. And REITs are legally bound to distribute 90% of their taxable income to shareholders.

As long as Rexford consistently increases its FFO, it should be able to maintain its FFO payout ratio of 73%, which is slightly on the higher side. In 2025, FFO increased by 9.2% to $558.6 million and paid out $103 million in dividends. Rexford also increased its quarterly dividends by 1.2% for 2026 to $0.435 per share. The company has increased its dividends for the last 12 years in a row.

Rexford’s footprint is focused on Southern California, which is one of the nation’s most supply-constrained industrial regions, giving it pricing power. This has helped Rexford maintain consistent occupancy and rent growth trends, which are critical for long-term cash flow and dividend payouts.

On Wall Street, overall REXR stock is rated as a “Moderate Buy.” Out of the 18 analysts who cover REXR stock, four rate it a "Strong Buy," one recommends a “Moderate Buy,” 11 rate it a “Hold,” and two suggest a “Strong Sell.” Its average price target of $41.88 suggests that the stock can increase by 11% over current levels. However, its high target price of $52 implies an upside potential of 38% over the next 12 months.

On the date of publication, Sushree Mohanty did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com