2023-06-21 10:02:00 ET
A stock's dividend yield moves in the opposite direction as its share price. That means sell-offs can be great opportunities for income-focused investors to satisfy their craving for a higher yield.
Shares of Four Corners Property Trust (NYSE: FCPT) and Tyson Foods (NYSE: TSN) are down sharply over the past year. That's driven up their dividend yields to appetizing levels for income-seeking investors.
Four Corners Property Trust is a real estate investment trust ( REIT ). It currently yields 5.1% following a roughly 10% decline in the stock price over the past year, in part because of higher interest rates' impact on REIT valuations. That's well above the S&P 500's 1.6% dividend yield .
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