Rate Cuts: 1 High-Yield Dividend Stock to Buy Now

The Federal Reserve's recent announcement of a 50-basis-point rate cut is a big deal. It marks the long-awaited easing cycle after the Fed aggressively raised rates to combat inflation in 2022. Interest rates affect almost everything in the economy, dictating the cost of borrowing money for companies and consumers.Realty Income (NYSE: O) has been a market laggard under high rates, but it could soon jump off the page now that rates are declining. With lower rates, Realty Income might especially appeal to yield-hungry investors.Here's why Realty Income likely has brighter days ahead and why, with rate cuts in motion, the stock instantly becomes a table-pounding buy.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool