ADC - Agree Realty: A Top Dividend Stock To Buy Before The Fed Cuts Rates

2024-03-25 11:58:37 ET

Summary

• The window of opportunity to buy higher yielding dividend stocks is closing as the Fed plans to lower interest rates.
• Agree Realty is a strong buy with a track record of dividend growth and top-rated tenants.
• The stock has experienced a pullback, presenting an ideal buying opportunity with potential for capital gains and a stable dividend.

I think it's clear that the window of opportunity to buy (and lock in) higher yielding dividend stocks is starting to close. For this reason, I am trying to focus on lessening my reliance on the money market funds I own for yield and moving more of that money into high quality dividend stocks that will generate strong levels of income for the foreseeable future. Investors who stay too long at the money market "party" will probably find themselves earning far less in terms of yield in the next year or two. But they also are likely to miss the big potential gains that dividend stocks offer since these stocks will become more valuable in a lower rate environment....

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