KIM - These 3 Dividend Stocks Can Add Some Sizzle to Your Passive Income This Summer
2023-05-25 06:45:00 ET
Dividend stocks have been under a lot of pressure over the past year because of rising interest rates. Higher rates give income-focused investors more lower-risk options as the rates on bonds and CDs rise. That weighs on the shares of dividend-paying stocks, causing their yields to rise.
Getty Realty (NYSE: GTY) , EPR Properties (NYSE: EPR) , and Kimco Realty (NYSE: KIM) currently stand out to a few Fool.com contributors for their attractive dividend yields . Here's why they think this trio can add some sizzle to your passive income this summer.
Marc Rapport (Getty Realty): Getty Realty is a real estate investment trust (REIT) that has a very narrow niche in a very recession- and inflation-resistant business: gas stations, auto parts and related shops, car washes, and convenience stores.
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These 3 Dividend Stocks Can Add Some Sizzle to Your Passive Income This Summer