2 Great Dividend Stocks to Buy in June That Are Down 17% or More

As the stock market continues its volatile ride, many investors are on the hunt for stocks that can offer stability during uncertain times. Dividend stocks can be fantastic buys when the market is down because lower share prices increase their yields -- presuming that they can keep their payouts up at their previous rates. And some of the most reliable dividend stocks are real estate investment trusts (REITs).

Since REITs are legally required to distribute at least 90% of their taxable income in the form of dividends each year, investors can often earn a higher return with them, and benefit from a fairly steady stream of payout increases. SL Green (NYSE: SLG) and Federal Realty Trust (NYSE: FRT), in particular, are known for being great dividend payers, and both are down more than 17% so far in 2022. Here's why you may want to put these stocks on your buy list.

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Source Fool.com