3 Monster Stocks to Hold for the Next 3 Years
A new set of U.S. import taxes has riled global markets and led to a steep sell-off on Wall Street. Investors are, understandably, running for cover. Now is the time to look for stocks that offer a reliable dividend so they can focus on something other than stock prices. Three solid choices today are Realty Income (NYSE: O), Enterprise Products Partners (NYSE: EPD), and, for the more risk tolerant, British American Tobacco (NYSE: BTI).Realty Income has a 5.8% dividend yield. The dividend has been increased annually for 30 consecutive years. It is the largest net lease real estate investment trust (REIT) with over 15,600 properties. Adding Realty Income's monthly pay dividend to your portfolio will let you switch your focus from the negative mood of the market to the positive mood you'll get from collecting a regular dividend check.The biggest knock against Realty Income today is likely to be the fact that about 75% of its rents come from retail properties. That's a fair concern, since higher tariffs could impact some retailers. However, a good store location is a good store location, and retailers won't easily close strongly performing stores. If a retailer does get into trouble, it is likely that a good location will draw a new tenant fairly quickly. Add in an investment grade-rated balance sheet and market turmoil could actually turn into an investment opportunity for Realty Income if retailers want to sell the REIT properties to fortify their own balance sheets.Continue reading
A new set of U.S. import taxes has riled global markets and led to a steep sell-off on Wall Street. Investors are, understandably, running for cover. Now is the time to look for stocks that offer a reliable dividend so they can focus on something other than stock prices. Three solid choices today are Realty Income (NYSE: O), Enterprise Products Partners (NYSE: EPD), and, for the more risk tolerant, British American Tobacco (NYSE: BTI).
Realty Income has a 5.8% dividend yield. The dividend has been increased annually for 30 consecutive years. It is the largest net lease real estate investment trust (REIT) with over 15,600 properties. Adding Realty Income's monthly pay dividend to your portfolio will let you switch your focus from the negative mood of the market to the positive mood you'll get from collecting a regular dividend check.
The biggest knock against Realty Income today is likely to be the fact that about 75% of its rents come from retail properties. That's a fair concern, since higher tariffs could impact some retailers. However, a good store location is a good store location, and retailers won't easily close strongly performing stores. If a retailer does get into trouble, it is likely that a good location will draw a new tenant fairly quickly. Add in an investment grade-rated balance sheet and market turmoil could actually turn into an investment opportunity for Realty Income if retailers want to sell the REIT properties to fortify their own balance sheets.
