|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||19.82 - 19.84|
|52-week range||19.82 - 19.84|
|Beta (5Y monthly)||1.78|
|PE ratio (TTM)||0.85|
|Earnings date||21 Feb 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
If you're a glass-half-full kind of person, last year's stock market sell-off presents a great opportunity, especially if you like to collect dividend income. Many stock prices are much lower, pushing dividend yields higher. Three top-notch dividend stocks that currently stand out to a few Fool.com contributors are Community Healthcare Trust (NYSE: CHCT), American Tower (NYSE: AMT), and Tanger Family Outlet Centers (NYSE: SKT).
A portfolio of premium assets, a focus on omnichannel retailing and strategic buyouts bode well for Simon Property (SPG). However, higher e-commerce adoption and interest rate hikes are worrisome.
The real estate investment trust (REIT) sector was battered in 2022 as the Federal Reserve increased the prime lending rate in an effort to get outsized inflation back under control. REITs tend to utilize a lot of debt as part of their business model, so rising rates generally don't help these businesses. REITs often attract investors based on their dividend yields, and rising rates can cause a revaluation of the REIT as well.