Inflation has been a hot topic lately, and for good reason. The cost of living is on the rise, and our hard-earned money isn't stretching as far as it used to. But what if I told you there's a way to beat inflation and even make a profit? Enter high-yielding dividend stocks. These companies not only provide a steady stream of income but also have the potential to outpace inflation. Let's take a look at two such stocks that could help you cash in on high inflation rates.
1. Macerich (MAC)
Macerich is a leading owner, operator, and developer of one of the nation's most distinctive portfolios of destination properties. With a forward dividend yield of 6.21% and a fair value estimate of $25.00, Macerich is currently trading at a significant discount. The company has successfully repositioned itself as a true owner and operator of Class A regional malls, focusing on high-quality assets in domestic gateway markets. Despite the challenges posed by the COVID-19 pandemic, Macerich is well-positioned to rebound and return to its prior occupancy and rent levels. With a strong balance sheet and a history of dividend growth, Macerich is an attractive option for income-focused investors looking to beat inflation.
2. Park Hotels & Resorts (PK)
Park Hotels & Resorts is the second-largest U.S. lodging REIT, focusing on the upper-upscale hotel segment. With a forward dividend yield of 7.04% and a fair value estimate of $26.50, Park Hotels & Resorts is another undervalued stock worth considering. The company has successfully navigated the challenges posed by the COVID-19 pandemic and is well-positioned to benefit from the recovery in the lodging industry. With a strong balance sheet and a history of dividend growth, Park Hotels & Resorts is an attractive option for investors looking to generate income and beat inflation.
In conclusion, high-yielding dividend stocks like Macerich and Park Hotels & Resorts can help you cash in on high inflation rates. By providing a steady stream of income and the potential for capital appreciation, these stocks offer an attractive way to beat inflation and grow your wealth. However, it's essential to conduct thorough research and consider your risk tolerance before making any investment decisions. Diversifying your portfolio and staying informed about market trends can help you make the most of your investments in today's inflationary environment.
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