Love Dividends? 2 Stocks You Might Want to Buy
To suggest that COVID-19 has upended the world as we know it would be an understatement. And dividends have been one of the notable places where things have changed, as companies cut their shareholder disbursements in the face of adversity. That shouldn't dissuade you from buying dividend stocks, but it does mean you need to be a little more picky when you add a name to your portfolio.
If you still love dividends, however, here are two stocks that you should look at today.
First up is real estate investment trust (REIT) W.P. Carey (NYSE: WPC). The landlord offers investors a generous 5.8% or so yield backed by 23 years worth of annual increases. That's basically every year since the REIT went public. In fact, it just increased its dividend again last quarter. The hike was tiny, but the symbolism was huge. After all, there have been dozens of REITs in 2020 that have cut or eliminated their dividends because of the impact of COVID-19.
Source Fool.com
