Stock prices have tumbled this year as investors fret over the impact rising interest rates to combat inflation will have on economic growth. A silver lining to the stock market sell-off is that dividend yields are rising. Because of that, investors can lock in some attractive passive income streams these days on companies with a long history of growing their payouts.
Three seemingly unstoppable dividend stocks are Crown Castle (NYSE: CCI) , Digital Realty (NYSE: DLR) , and Prologis (NYSE: PLD) . With their dividend yields rising as their stock prices fall, they can help supercharge your passive income.
Shares of Crown Castle have tumbled more than 40% from their peak this year. That has pushed the communications infrastructure company's dividend yield up over 5% after factoring in its recent 6.5% dividend increase. With that raise, Crown Castle has had an unbroken streak of increasing its dividend since it became a real estate investment trust ( REIT ) in 2014.
For further details see:
3 Unstoppable Dividend Stocks to Supercharge Your Passive Income