2 Hated Dividend Stocks to Buy Now
This year has been the worst for dividend investors since the height of the Great Recession. Hundreds of companies have slashed or suspended their payouts due to the coronavirus pandemic's impact on their operations and financial results.
While the dividend destruction is widespread, two sectors have taken a real beating: energy and REITs. Investors are bailing on those entire industries even though not all dividends are at risk. Two that stand out for their durability are the payouts of pipeline operator Enbridge (NYSE: ENB) and office REIT Boston Properties (NYSE: BXP). With their stock prices under pressure due to all the investor disdain for their respective sectors, their dividend yields are rising, making them appealing stocks for income seekers to buy.
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Source Fool.com
