3 Magnificent High-Yield Dividend Stocks to Buy That Are Near 52-Week Lows
Three high-yield dividend stocks that are near their 52-week lows are Comcast, General Mills, and Vici Properties. Comcast, originally a cable and telecommunications company, has evolved into a top media conglomerate. However, it is currently spinning off its media assets, including NBC, Peacock streaming service, and Sky, as a separate entity.
With a dividend yield of over 5% and an 18-year streak of dividend growth, investors can benefit from its value unlock potential. General Mills, a consumer staples stock, faces challenges from high inflation and the popularity of GLP-1 weight loss drugs, but its turnaround plan and cost-cutting measures may lead to renewed earnings growth and dividend growth.
Vici Properties, a real estate investment trust (REIT) with a focus on Las Vegas Strip properties, has also hit a new 52-week low. Despite concerns about declining tourism, the company has shown consistent revenue and adjusted funds from operations (AFFO) growth, with a forward yield of nearly 7%.
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