2 No-Brainer Dividend Stocks to Buy Right Now for Less Than $500

Turnaround situations can be very risky, but not all of them. That's the big picture story when you look at real estate investment trust (REIT) W.P. Carey (NYSE: WPC) and Canadian financial giant Toronto-Dominion Bank (NYSE: TD). Both of these high-yield stocks has fallen on hard times, but neither is facing a situation that should lead to their ultimate demise. In fact, there are good reasons to think both will be seeing better times ahead. If you have $500 or even $5,000, you should take a look at them today while Wall Street is still downbeat on their shares.As 2024 got underway, W.P. Carey shareholders were greeted with a reduction in the quarterly dividend, which dropped from roughly $1.07 per share to $0.86. That reduction came just as the REIT would have hit 25 consecutive annual dividend increases, so it was likely a bit of a shock for some investors.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool