1 Magnificent High-Yield Dividend Stock Down 50% to Buy and Hold Forever
Portfolio Pulse from
Rexford Industrial Realty (REXR) is highlighted as a high-yield dividend stock that has seen a significant price drop of 50%. The company gained investor interest post-pandemic due to increased demand for warehouses.
December 21, 2024 | 1:00 pm
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Rexford Industrial Realty has experienced a 50% decline in stock price, presenting a potential buying opportunity for long-term investors due to its high-yield dividends and post-pandemic warehouse demand.
The article suggests that despite a 50% drop in stock price, Rexford Industrial Realty remains attractive due to its high-yield dividends and the ongoing demand for warehouses. This could lead to a positive short-term impact as investors may see it as a buying opportunity.
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