Vici Properties - Vici Properties is a REIT focused on experiential properties, with over 95% of its rents coming from casino assets, making it a casino REIT [2] - The company successfully navigated the coronavirus pandemic, even increasing its dividend during that time, and has an average remaining rent term of over 40 years with tenants [3] - 90% of its rent roll is covered by leases with CPI-linked rent increases, and the stock's drop has pushed its dividend yield up to 5.8%, making it attractive for income-focused investors [4] Coca-Cola - Coca-Cola is a globally recognized beverage company with a leading soda brand and a diverse product portfolio including coffee, sports drinks, and energy drinks [5] - The company is a Dividend King, having increased its dividends annually for 62 years, with a current yield of 3.1% [6] - Coca-Cola's valuation metrics, such as price-to-sales and price-to-earnings ratios, are below their five-year averages, suggesting it is fairly priced or slightly cheap [7][8] Hormel Foods - Hormel is a Dividend King in the consumer staples sector, currently trading with a historically high yield of 3.6%, near its highest levels in recent history [9] - The stock is down 15% from its 52-week high and over 40% from its three-year high, reflecting market concerns about rising costs, slow recovery in China, avian flu, and weakness in its Planters business [10] - Despite challenges, Hormel has a strong track record of product innovation, which could help address some of its issues, though avian flu remains a broader industry challenge [11][12] Market Overview - Despite the overall market being near all-time highs, there are still opportunities in dividend stocks, with Vici Properties offering a high yield and growth potential, Coca-Cola being a reliable dividend stock, and Hormel priced as a turnaround play [14] - Each of these stocks presents a unique opportunity for investors, whether they are looking for income, value, or long-term growth [15]
Got $1,000? 3 Dividend Stocks to Buy Now While They're on Sale
Hormel Foods(HRL) The Motley Fool·2025-01-09 09:03