3 High-Yield Dividend Stocks to Buy Before the Next Bull Market
After an absolutely brutal year, 2023 is off to a strong start. The S&P 500, the index widely regarded as the benchmark for the entire stock market, is up over 8% at this writing. No one truly knows if 2023 is the year a bull market will return, but hopes are high that the rally will continue.
That means now is the time for investors to lock in price savings, particularly with high-yield dividend stocks. Since dividend yields and pricing work inversely, buying when prices are low provides much higher yields.
Digital Realty Trust (NYSE: DLR), UMH Properties (NYSE: UMH), and Blackstone (NYSE: BX) are three high-yield dividend stocks that are still down 25% or more from their one-year high, but rebounding quickly. The share prices of all three have grown by double-digit percentages since the start of 2023, all while they provide yields double that of the S&P average.
Source Fool.com
