1 Dividend Stock You'll Regret Not Buying Now
It's hard to believe that 2023 is almost over. As the end of the year approaches, I would not be surprised if some investors begin to trim some gains and reallocate capital. While financial journals all over the world can't seem to write enough about artificial intelligence (AI), it's important to remember that there are many ways to capitalize on markets.
One of the best ways to build wealth is by investing in dividend stocks. However, given the macroeconomic picture remains a bit cloudy, some investors may be wary of investing in companies that might cut its dividend to preserve capital. As I've written previously, one of the best and safest ways to invest in dividend stocks is to look at business development companies (BDCs) or real estate investment trusts (REIT).
One of the steadiest REITs out there today is Realty Income (NYSE: O). While Realty Income certainly faces a number of macro headwinds, I believe now is an incredible time to buy the dip as the stock hovers around three-year lows. Let's dig into the big picture and assess what is going on in the real estate market, how it's affecting Realty Income, and why now could be a lucrative time to scoop up shares at a bargain price and a yield of almost 6%.
Source Fool.com
