3 Dividend Stocks to Bankroll Your Retirement
It's almost impossible for companies out there to avoid being impacted by COVID-19 in some way, even if they aren't stricken by the pandemic directly. That has investors worried and not unreasonably. However, Wall Street has a habit of painting situations with too broad a brush, often punishing companies across entire industries when events occur as if they were all equal or were going to be affected equally.
Here are three real estate investment trusts (REITs) that have proven themselves through tough times before, and that are worth more involved consideration today -- especially if you're retired and seeking income.
The efforts being taken to slow the spread of the coronavirus pandemic are likely to push the world into a recession. That's not good news, of course, but there are some things that even an economic downturn doesn't change -- like the need to have a roof over your head. That's where real estate investment trust AvalonBay Communities (NYSE: AVB) comes in. And while the roughly-4% dividend yield may not seem huge, it is the highest the yield has been in roughly a decade.
Source Fool.com
