REXR - These 3 Dividend Stocks Have Drubbed the Dow for a Decade: Here's Why They Can Keep That Going
2023-07-01 08:45:00 ET
The Dow Jones Industrial Average is an iconic stock market index comprised of the stocks of 30 of the country's largest companies. That makes it a good barometer for the broader stock market.
Dow Jones Industrial Average has delivered a strong total return of more than 180% (10.9% annualized) over the past decade. However, some stocks have absolutely drubbed the Dow's performance by producing even stronger total returns. Rexford International (NYSE: REXR) , Equity LifeStyle Properties (NYSE: ELS) , and American Tower (NYSE: AMT) stand out to a few Fool.com contributors for their ability to defeat the Dow over the past decade. Here's why they believe this trio of dividend-paying stocks can continue their market-beating performance.
Marc Rapport (Rexford Industrial): Rexford Industrial is in the right place at the right time. This real estate investment trust (REIT) owns a profitable portfolio of logistics properties in one of the more in-demand regions of the country, and its stock price has been beaten down to what could be a very favorable level for new money to join in.
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These 3 Dividend Stocks Have Drubbed the Dow for a Decade: Here's Why They Can Keep That Going