3 High-Yield Financial Stocks to Buy for Income That Doesn't Depend on Rate Cuts

Key Points Realty Income is a REIT giant with an advantaged cost of capital. Brookfield Asset Management and T. Rowe Price generate fees for managing other people's money. A rising interest rate environment isn't great for any of these businesses, but higher rates aren't likely to derail their dividends. 10 stocks we like better than Realty Income › After the Great Recession, the world got used to abnormally low interest rates. The headlines are filled with concern about rising rates right now, as the Federal Reserve looks to tamp down inflation. But, in reality, the current rate environment is pretty much returning to the pre-Great Recession norm. Still, this transition period could be tough on companies that have relied on low rates to support their revenues and profits. To be fair, even the best-positioned finance companies are likely to feel some sting from rising rates. However, some companies are better positioned to navigate the headwind, including Realty Income (NYSE: O) , Brookfield Asset Management (NYSE: BAM) , and T. Rowe Price (NASDAQ: TROW) . Here's why this trio of high-yield stocks could still be worth buying even if rates move higher. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we’re only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue » Image source: Getty Images. Realty Income's cost of capital sets it apart from the pack Realty Income is built from the ground up to be boring. It is the largest net-lease real estate investment trust , which means its tenants are responsible for most property-level operating costs. That reduces costs and protects the REIT from rising costs. But the real story here is about scale and financial strength. Realty Income has an investment-grade-rated balance sheet. Its portfolio contains over 15,500 properties. And it has a market cap of roughly $55 billion. Its cost of capital will rise as interest rates rise, but the property market will eventually adjust, helping to maintain Realty Income's profitability. That said, the REIT has advantaged access to capital markets due to its size and financial strength, which allows it to maintain a lower cost of capital than many of its peers. This advantage exists regardless of the interest rate environment. With a yield of 5.4% and a dividend that has been increased for 31 consecutive years, there's no reason to worry that Realty Income's dividend is at risk today. Asset managers like Brookfield and T. Rowe Price live on fees The next two companies are similar in some ways and different in others. Brookfield Asset Management and T. Rowe Price are both asset managers, collecting fees from the customers who trust them to invest on their behalf. Customers tend to be sticky, and the fees they charge don't change with interest rates. Brookfield Asset Management had over $1 trillion in assets under management at the end of the second quarter of 2026. T. Rowe Price had $1.9 trillion. One of the biggest differences between these two financial businesses is their target markets. Brookfield Asset Management tends to focus on institutional investors, while T. Rowe Price has a large consumer customer base. If rising rates lead to a bear market, both will likely feel the hit as assets under management decline. But T. Rowe Price has increased its dividend annually for 39 years. And while Brookfield Asset Management's history as a publicly traded entity is much shorter, the company has been in operation for over 100 years. Both have proven they know how to survive and thrive even when rates are rising. Brookfield Asset Management's dividend yield is currently around 4.2%. T. Rowe Price's dividend yield is 4.8%. Both are worth a deep dive, even if rates are likely to rise from current levels. You can't avoid rising rates, but you can limit the sting If you are a dividend investor , rising rates will impact your investments. There's really no way around that fact. However, buying companies like Realty Income, Brookfield Asset Management, and T. Rowe Price can provide you with lofty yields that are likely to be well protected from rising rates. If you are using the dividends you collect to pay your bills, you should take a close look at all three of these high-yield stocks today. Should you buy stock in Realty Income right now? Before you buy stock in Realty Income, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Realty Income wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $433,160 !* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,296,254 !* Now, it’s worth noting Stock Advisor’s total average return is 949 % — a market-crushing outperformance compared to 212% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor , and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of September 15, 2026. Reuben Gregg Brewer has positions in Realty Income. The Motley Fool has positions in and recommends Brookfield Asset Management, Realty Income, and T. Rowe Price Group. The Motley Fool has a disclosure policy .

Realty Income is a REIT giant with an advantaged cost of capital.

Brookfield Asset Management and T. Rowe Price generate fees for managing other people's money.

A rising interest rate environment isn't great for any of these businesses, but higher rates aren't likely to derail their dividends.

After the Great Recession, the world got used to abnormally low interest rates. The headlines are filled with concern about rising rates right now, as the Federal Reserve looks to tamp down inflation. But, in reality, the current rate environment is pretty much returning to the pre-Great Recession norm. Still, this transition period could be tough on companies that have relied on low rates to support their revenues and profits.

To be fair, even the best-positioned finance companies are likely to feel some sting from rising rates. However, some companies are better positioned to navigate the headwind, including Realty Income (NYSE: O) , Brookfield Asset Management (NYSE: BAM) , and T. Rowe Price (NASDAQ: TROW) . Here's why this trio of high-yield stocks could still be worth buying even if rates move higher.

Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we’re only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »

Realty Income is built from the ground up to be boring. It is the largest net-lease real estate investment trust , which means its tenants are responsible for most property-level operating costs. That reduces costs and protects the REIT from rising costs. But the real story here is about scale and financial strength.