3 Supercharged Dividend Stocks to Buy If There's a Stock Market Sell-Off

High-dividend stocks can be nice hedges against a stock market downturn. Companies that can deliver supercharged dividends are generally healthy and have strong cash flows. And those regular payouts also make it easier for investors to keep a company's shares in their portfolios even when their prices go through a downturn. 

To find supercharged dividend stocks worth buying in a market downturn, I looked for those that met the following criteria: companies that grew their revenue and funds from operations (FFO) in the last quarter and that sport yields at least twice the S 500's 1.6% payout. My reason for these two criteria is to identify above-average payouts that, thanks to company growth, look safe and could even grow.

Two stocks meeting those criteria are cannabis-oriented real estate investment trusts (REITs) Innovative Industrial Properties (NYSE: IIPR) and NewLake Capital Partners (OTC: NLCP), while a third is senior housing REIT National Health Investors (NYSE: NHI). None of these stocks has performed particularly well this year. National Health Investors' shares are up by a little more than 1% and Innovative and NewLake are down by more than 28% and 21%, respectively.

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Source Fool.com