Realty Income and Brookfield Infrastructure stocks are down
Stock market declines can be beneficial for dividend investors. When stock prices go down, dividend yields increase. Two strong dividend stocks, Realty Income and Brookfield Infrastructure, have fallen over 12% this year. Investors might regret missing the chance to buy them now. Realty Income is a real estate investment trust (REIT). Its shares have dipped over 12% from their highest price in the past year. This decline has raised its dividend yield to 5.7%, which is appealing. The company made $4.19 per share last year. With current prices around $57, it trades at only 13.5 times its earnings. This is lower than many similar companies. Realty Income has a solid record of paying dividends, with increases over 130 times since it began trading three decades ago. It has a strong financial position and access to low-cost capital for future investments. Brookfield Infrastructure has seen an even larger drop, with shares down more than 21% from their recent peak. This has boosted its dividend yield to 4.9%. The company has increased its dividend every year since it started, at a rate of 9% annually. Brookfield expects to continue its dividend growth, aiming for 5% to 9% each year. The company sees a huge need for investment in global infrastructure, estimating a requirement of $100 trillion over the next 15 years. Currently, Brookfield has $8 billion in projects in progress and another $4 billion in development. Its stock is now trading at a price that values it at just over 11 times its earnings. This is considered low compared to many other stocks. Despite the current declines, both Realty Income and Brookfield Infrastructure appear to be strong investments for the future, with good growth prospects and high dividend yields. Investors may want to consider purchasing shares while prices are lower.