While growth stocks have been performing well recently, dividend stocks remain a solid option for investors. Market uncertainties persist, with Goldman Sachs estimating a 30% recession risk. Additionally, at least one Federal Reserve interest rate cut is expected this year, benefiting dividend stocks as investors seek higher yields. Monthly dividend stocks are particularly attractive as they provide consistent payments that can be utilized during tough times, potentially doubling monthly income. Here are three stocks to consider: Realty Income (O), Healthpeak Properties (DOC), and Global Water Resources (GWRS). Realty Income boasts a 5.85% yield and has maintained strong occupancy rates despite market fears. Healthpeak Properties, a healthcare-focused REIT, offers a compelling yield despite recent underperformance, with potential for recovery as interest rates decline. Global Water Resources, a utility stock, provides stability and monthly dividends, operating in the water-scarce region of Arizona where regulatory approvals for rate increases are likely.
— new from 24/7 Wall St.
