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2 dividend stocks with a yield above 5% that I would buy now

Many investors are hesitant to get involved in any type of retail stock except real estate investment trusts Simon Real Estate Group (NYSE: SPG) And Kimco Real Estate (NYSE: KIM) are worth a closer look. In this video, Fool.com contributors Matt Frankel and Tyler Crowe discuss why brick-and-mortar retail is more resilient than you might think and why these two companies in particular could be excellent dividend stocks to buy now.

*The stock prices used were the morning prices of May 30, 2024. The video was published on May 31, 2024.

Should you invest $1,000 in Simon Property Group now?

Before you buy shares in Simon Property Group, consider the following:

The Motley Fool stock advisor The analyst team has just identified what they think is the 10 best stocks for investors to buy now… and Simon Property Group wasn’t one of them. The ten stocks that survived the cut could deliver monster returns in the coming years.

Think about when Nvidia created this list on April 15, 2005… if you had $1,000 invested at the time of our recommendation, you would have $704,612!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including portfolio building guidance, regular analyst updates, and two new stock picks per month. The Stock Advisor is on duty more than quadrupled the return of the S&P 500 since 2002*.

View the 10 stocks »

*Stock Advisor returns June 3, 2024

Matt Frankel holds positions at Simon Property Group. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool recommends Simon Property Group. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may receive compensation for promoting his services. If you choose to subscribe through their link, they will earn some extra money to support their channel. Their opinions remain their own and are not influenced by The Motley Fool.

2 Dividend Stocks Yielding More Than 5% I’d Buy Now was originally published by The Motley Fool

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