3 Top Stocks that Are Cash Cows
When the market is volatile and the economy worrying, collecting dividend checks can give you peace of mind. The effort to contain COVID-19, however, has led to a raft of dividend cuts. So it's extra important today to stick with companies that have the wherewithal to keep paying even when times are tough. With that in mind, you should look at cash cow stocks W.P. Carey (NYSE: WPC), International Business Machines (NYSE: IBM), and Chevron Corporation (NYSE: CVX).
When it comes to real estate investing, the mantra is usually location, location, location. That's always going to be true, but the most unique thing about real estate investment trust (REIT) W.P. Carey is its diversification. Its portfolio is spread across the industrial (24% of rents), office (23%), warehouse (22%), retail (17%), and self storage (5%) property niches, with "other" making up the rest. And it generated around a third of its top line from Europe. That level of diversification is pretty unique in the REIT sector.
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Source Fool.com
