The Bear Market Is Making These Top Dividend Stocks Look Really Attractive
Bear markets can be brutal on your portfolio. The seemingly unending slide in stock prices can make it challenging to stick with your investments.
However, they can also be great opportunities if you have some cash to invest. One benefit of lower stock prices is that dividend yields move higher, meaning investors can often lock in bigger income streams on some high-quality dividend stocks. Three top dividend stocks that are starting to look really attractive these days are American Tower (NYSE: AMT), Camden Property Trust (NYSE: CPT), and Prologis (NYSE: PLD).
American Tower entered this year with a dividend yield of below 2%. However, it currently offers a yield of over 2.5%. Driving the payout higher has been a more than 20% stock price decline and the continued growth of its dividend. The real estate investment trust (REIT) recently increased its quarterly dividend payment by 2.8% above the second quarter level and 12.2% above the year-ago amount. That continued the company's steady streak of increasing its dividend since it became a REIT a decade ago.
Source Fool.com
