Got $500? 2 Real Estate Dividend Stocks to Buy and Hold Forever
The emerging bull market has put many investors' focus back on growth stocks -- and for good reason. Identifying opportune buys among companies positioned for sustained growth is a well-proven way to build wealth, and the beginning of a stock market run can be a great time to jump aboard.
Yet this also is a good time to look at income stocks, which are typically viewed as more defensive, but still represent investments in businesses in sectors with the secular tailwinds to have some nice growth potential of their own.
Two to consider here are American Tower (NYSE: AMT) and Realty Income (NYSE: O). These are both real estate income trusts (REITs), a corporate structure that mandates they pay out at least 90% of their taxable income as dividends to shareholders each year.
Source Fool.com
