If you are looking for dividend stocks that have staying power, these two REIT giants should be on your radar.
While high-flying growth stocks tend to attract more attention, don't overlook strong dividend payers that can also be a valuable addition to your portfolio, providing steady income along with long-term growth. Among their number are real estate investment trusts (REITs), owners of income-producing property who, by dint of their tax status, are required to distribute at least 90% of their taxable income each year to shareholders. Three good choices to consider are American Tower (NYSE: AMT), Prologis (NYSE: PLD), and Realty Income (NYSE: O).
The latest trading day saw Prologis (PLD) settling at $114.93, representing a +1.67% change from its previous close.