Adding $500 to These 2 Stocks Could Be a Genius Move Right Now
Market pullbacks are a terrific time to buy high-performing dividend stocks. Buying shares when prices are low locks in discounted pricing and higher dividend yields while also supercharging your earnings over the long term thanks to the power of dividend increases.
Two dividend stocks that look extra appealing right now are American Tower (NYSE: AMT) and Invitation Homes (NYSE: INVH). At recent prices, American Tower is down 12% over the past year while Invitation Homes is down 16%, even though both companies are performing admirably. The companies also pay dividend yields nearly double that of the S&P 500, with a healthy track record of dividend raises.
Source Fool.com