3 Safe High-Yielding Dividend Stocks That Will Pay You Passive Income for Years
With the stock market sinking further into bear territory, many investors are looking for safe and reliable income streams to ride through the turbulence. Dividend stocks can be a great passive income stream, but not all dividend-paying stocks can offer reliability and safety in their payments over the long term.
Three stocks that are built to withstand a downturn and continue paying high-dividend yields for years are Digital Realty Trust (NYSE: DLR), Realty Income (NYSE: O), and W.P. Carey (NYSE: WPC). Let's take a closer look at each company and why these stocks are fantastic buys right now, particularly if we enter a recessionary period.
Digital Realty Trust is one of the leading global data center providers. It owns and leases roughly 300 data center facilities on six continents and in 50 different metropolitan areas. It's the eighth largest publicly traded real estate investment trust (REIT) by market capitalization and one of the purest plays investors can make to gain exposure to this fast-growing industry.
Source Fool.com
