3 Beaten-Down Passive Income Stocks You'll Regret Not Buying on the Dip
Reliable passive income is great, but when you can get reliable passive income at a discount, it's even better. There are some excellent dividend stocks with rock-solid businesses that have been beaten down due to short-term headwinds. Here are three in particular that are worth a look right now.
EPR Properties (NYSE: EPR) is a real estate investment trust, or REIT, that invests in experiential properties. Its portfolio contains eat-and-play businesses (Topgolf is a major tenant), ski resorts, waterparks, and most significantly, movie theaters.
EPR is actively trying to diversify its portfolio away from movie theaters, but for the time being, they represent about 40% of EPR's rental income. The top tenant is AMC Entertainment Holdings, followed by Regal, so it isn't surprising that the stock recently took a hit when Regal's parent company, Cineworld Group, announced it is considering bankruptcy.
Source Fool.com
