2023-12-01 06:32:00 ET
There have been several bull and bear markets over the past 25 years, and the bulls may be making another run. While high-flying growth stocks tend to attract more attention, don't overlook strong dividend payers that can also be a valuable addition to your portfolio, providing steady income along with long-term growth.
Among their number are real estate investment trusts (REITs), owners of income-producing property who, by dint of their tax status, are required to distribute at least 90% of their taxable income each year to shareholders.
Three good choices to consider are American Tower (NYSE: AMT) , Prologis (NYSE: PLD) , and Realty Income (NYSE: O) . While in very different businesses, each stand to be excellent long-term investments due to their consistent dividend payouts, strong balance sheets, and resilience to economic fluctuations.
For further details see:
Bull Market Buys: 3 Dividend Stocks to Own for the Long Run