Major Sale On Dividend Stocks
There’s been some bad news for a handful of dividend stocks over the past few weeks.
A few of these companies’ stock prices crashed.
It’s not good, especially if you already own these stocks.
But if you don’t… the following dividend stocks are trading at a major discount.
Plus, you get to lock in some incredible dividend yields.
First up is Avista Corp (ticker: AVA), an electric and natural gas utility company servicing the Pacific Northwest.
There have been some terrible wildfires impacting Washington, Idaho, and Montana.
In the last 2 weeks, Avista’s stock price has fallen over 10%.
A 10% drop doesn’t seem like a lot, but utility companies are very stable and any significant drop in the stock price isn’t normal.
Recently, a few wildfires were caused by faulty equipment owned by a utility company.
But these wildfires were caused by arson, and Avista won’t be liable for any damages.
Avista will need to rebuild some of its infrastructure damaged in the fires, but the repairs won’t impact it over the long term.
In the meantime, you can get a stock with an excellent dividend yield.
Avista’s current dividend yield of 5.1% is close to a 20-year high for the company.
Plus, Avista has grown its dividend for 24 consecutive years by an average of 6% each year.
Next up is STAG Industrial (ticker: STAG), a REIT owning industrial properties across most of the United States.
In particular, STAG owns warehouses, distribution centers, and light manufacturing plants.
STAG’s stock price has dropped 12% from its highs reached in mid-July.
Again, a 12% drop doesn’t seem like a lot, but REITs are stable, so stock prices shouldn’t move so much in a short period of time.
STAG isn’t the only industrial REIT with declining stock prices, as businesses and organizations are slowing down warehouse expansion.
It sounds scary, but STAG is one of the best-run REITs and its dividend yield of 4.2% is near a 5-year high.
Keep in mind, STAG used to pay its dividend monthly.
But starting in 2026, STAG moved to a quarterly payment schedule.
Some websites haven’t adjusted, so the dividend data is inaccurate.
Just be careful when researching STAG further.
Last up is Albertsons (ticker: ACI), a large grocery retailer primarily operating on the West Coast.
Albertsons is one of the largest supermarket chains in the United States with over 2,200 locations.
However, the stock price performance has been abysmal.
Over the past year, Albertsons’ stock price has dropped more than 35%.
The retailer is really struggling with declining margins caused by very price-conscious consumers tired of high inflation.
Albertsons also carries a lot of debt, with a debt-to-equity ratio of almost 10x.
However, the retailer’s dividend yield of 5.5% is the highest in its history and significantly higher compared to other retailers’ payouts.
And over the past 2 years, Albertsons has raised its dividend by 40%.
Avista, STAG Industrial, and Albertsons have their risks.
You certainly should do further research to see if these stocks are right for you.
But if you don’t mind a little uncertainty, you can buy shares in a few companies with historically high dividend yields.
Are you looking at any down-on-their-luck dividend stocks right now?
Michael Jennings
Dividend Stocks Research
Category: Cheap Dividend Stocks, Dividend Stocks To Buy?
