These 3 High-Yield Dividend Stocks Are Down 20% or More Since Last Year: Here's the One I Would Buy First
It's been a challenging market for businesses that are sensitive to interest rates, especially those around real estate. Since March 2022, the Federal Reserve has aggressively raised interest rates by 525 basis points from near-zero levels during the pandemic.
Real estate investment trusts (REITs) have had an especially tough time. These businesses use debt to leverage their investments and can be a solid source of dividend income during times of stable interest rates.
Since the start of 2022, AGNC Investment (NASDAQ: AGNC), SL Green Realty (NYSE: SLG), and Stag Industrial (NYSE: STAG) are three high-yielding dividend stocks that have fallen anywhere between 20% and 45%. These companies continue to face headwinds, but if I had to buy just one of them today, the choice is clear.
Source Fool.com
STAG Industrial Inc. Stock
Currently there is a rather positive sentiment for STAG Industrial Inc. with 4 Buy predictions and 0 Sell predictions.
With a target price of 37 € there is a slightly positive potential of 10.98% for STAG Industrial Inc. compared to the current price of 33.34 €.
