3 Dividend Payers That Are Outpacing the S&P
There aren't many stocks right now that are producing a positive return. Challenging economic circumstances and the growing concern over a potential recession have put tremendous pressure on the broader market. The market has fallen 15% since last year with many stocks losing upward of 20% to 50% or more of their value.
Thankfully, there are stocks that are not just outpacing the S&P 500 this year, but far outperforming while still paying attractive dividend yields. Here's a closer look at the companies, and why these dividend payers should be on your radar for 2023.
Iron Mountain (NYSE: IRM) is one of the top-performing dividend stocks from this past year. The specialized real estate investment trust (REIT) has delivered a 22% annualized return with its share price growing by a whopping 16%. To boot, the stock has also managed to outpace the S&P 500 over the last three- and five-year periods.
Source Fool.com
