2 High-Yield Dividend Stocks Near 52-Week Lows to Buy on the Dips

Real Estate Investment Trusts (REITs) - W P Carey and Realty Income are two REITs offering high dividend yields above 6% due to recent stock price declines [1][3] - Both REITs are near 52-week lows, making them attractive for income-seeking investors [1][4][7] W P Carey - W P Carey owns 1,430 properties with a 98 8% occupancy rate and an average lease term of 12 2 years [4][6] - The company raised its dividend four times in 2023 and has a current annual dividend payout of $3 52, supported by FFO of $5 26 per share [5] - W P Carey's portfolio is highly diversified, with its largest tenant contributing only 2 7% of total annualized base rent [6] Realty Income - Realty Income's stock price has declined by 15% over the past three months, offering a 6% yield with monthly dividend payments [7] - The REIT has raised its dividend payout every quarter for over 27 years, with FFO of $3 89 per share supporting an annual dividend of $3 168 [8] - Realty Income focuses on recession-resilient retail and industrial properties, with its largest tenants, Dollar General and Walgreens, each contributing 3 3% of annualized rent [8][9] Market Context - Rising 10-year Treasury yields, up nearly 19% over the past three months, have pressured dividend growth stocks like W P Carey and Realty Income [2][3] - The Federal Reserve lowered its target interest rate by a full point in 2024, but bond markets anticipate stronger economic growth and higher inflation [2]