Interest rates continue to rise. The yield on the 10-year Treasury bond hasn’t been higher since 2002! Usually, high interest rates are bad for the stock market. But some companies benefit from higher rates.
Regional banks play an important role in every dividend portfolio. They tend to have higher yields than many other industries. Plus, well-run banks are safe places to invest because of their predictable cash flow.
I had never heard of the following company. There are thousands of stocks trading every day… and I can’t know them all! But Brady Corporation (ticker: BRC) should be on everyone’s radar.
Real Estate Investment Trusts (REITs) are very popular with dividend investors. Generally, REITs pay higher dividend yields relative to other industries. However, REITs aren’t known for dividend growth.