3 Unknown but Amazing Dividend Stocks
In an age of rock-bottom interest rates, dividend stocks hold an appeal for many investors. Not only does the yield on those cash payouts typically beat what shareholders would earn in bank interest, but we can benefit from stock gains, too.
However, many investors also want to beat the average 1.7% yield of the S&P 500. To realize such potential, they may seek out relatively unknown dividend stocks that have started to build a track record for gains. One option is real estate investment trusts (REITs), since they pay out at least 90% of their net income in the form of dividends. Other investors may turn to stocks that have built a track record of steadily rising dividends.
Finding such opportunities is not always easy. Nonetheless, investors may find such income and growth gains in stocks such as Global Medical REIT (NYSE: GMRE), Innovative Industrial Properties (NYSE: IIPR), and Prudential Financial (NYSE: PRU).
Source Fool.com
