Smart investors don't sit on the sidelines in a bear market -- they use it as a buying opportunity.
Falling stock prices have driven up dividend yields, making now a great time to seek passive income. Three top-notch dividend stocks these Fool.com contributors think are great buys in October are Mid-America Apartment Communities (NYSE: MAA), Prologis (NYSE: PLD), and Community Healthcare Trust (NYSE: CHCT). Here's a look at how these real estate investment trusts (REITs) could boost your income harvest this fall.
For reference, the broad market S&P 500 index is trading at a price-to-earnings ratio of 18.7. Target (NYSE: TGT) may be the poster child for the retail industry's current struggles. Instead, investors should look at the sell-off as a buying opportunity.