3 Dividend Stocks to Double Up on Right Now

We're down to the last four months of the year. With interest rates likely heading lower on traditional fixed income investments now, let's turn our attention to dividend-paying stocks that can also reward you with some capital appreciation. Realty Income (NYSE: O), Costco Wholesale (NASDAQ: COST), and Royal Caribbean Cruises (NYSE: RCL) are three dividend stocks that you might want to consider doubling up on right now.

Yield chasers already know Realty Income. Costco has proven its all-weather appeal with a small but steady payout. You probably didn't know that Royal Caribbean reinitiated its distribution policy earlier this year. Let's take a closer look at these three dividend stocks that I also happen to own.

Everything about Realty Income seems simple. The real estate investment trust (REIT) has a portfolio of more than 15,000 commercial properties that are typically in steady industries. Realty Income estimates that roughly 90% of its collected rent comes from businesses that are either recession resilient or immune to the disruptive pressure of e-commerce. Tenants sign triple-net leases, transferring the variable costs including property taxes, insurance premiums, and maintenance away from Realty's side of the obligations.

Continue reading


Source Fool.com