The seemingly unending slide in stock prices can make it challenging to stick with your investments. One benefit of lower stock prices is that dividend yields move higher, meaning investors can often lock in bigger income streams on some high-quality dividend stocks. Three top dividend stocks that are starting to look really attractive these days are American Tower (NYSE: AMT), Camden Property Trust (NYSE: CPT), and Prologis (NYSE: PLD).
DENVER, September 27, 2022--CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) ("American Tower"), today announced its expansion in the Miami market with the acquisition of a modern, purpose-built 103,000-square-foot data center (MI2) located at 2100 NW 84th Avenue in Doral, Florida. CoreSite also owns and operates a 43,000-square-foot data center (MI1) in downtown Miami located at 2115 NW 22nd Street.
Cheap stocks are often cheap for a reason. One of the biggest mistakes novice investors make is choosing a laggard and ignoring a leader simply because the laggard has a lower P/E ratio or a higher dividend yield. A low P/E might be a signal that investors think future earnings will be a lot lower, while an outsized dividend yield could be too good to be true.