3 Top Income Stocks to Buy for 2023
2022 was a tough year for the stock market, and that's even true for some of the most rock-solid dividend stocks. Despite excellent profitability and consistent cash flow, some of the best-run dividend stocks are down by 20%, 30%, or more over the past year.
With that in mind, now could be an excellent opportunity to add shares of some excellent dividend stocks while they're on sale. These stocks not only have the ability to produce outstanding total returns over time, but can also give you the peace of mind that comes with investing in excellent businesses with relatively low volatility. Here are three, in particular, that look especially attractive right now.
To put it mildly, the industrial real estate subsector was on fire in 2020 and 2021. As the world was facing COVID-19 disruptions, e-commerce surged and demand for logistics space soared. And rent skyrocketed. Industrial real estate investment trust (REIT) EastGroup Properties (NYSE: EGP) reported rent increases of 39.4% year over year in the most recent quarter on both new and renewal leases.
Source Fool.com
