Dividends4Life: 2 Bruised Dividend Stocks to Buy While They're Cheap

Dividend Growth Stocks News

Downturns are a great time to load up on high-quality dividend stocks. Falling share prices pump up dividend yields, and that means you'll get more bang for your buck in the long run, assuming that the stocks you buy eventually return to growth. Not all companies will live up to that assumption, though, which is why it's crucial to understand why their shares are damaged in the first place. Let's take a look at a pair of stocks that have enough vitality to recover from their recent mishaps.

Viatris (VTRS 0.68%) manufactures a smorgasbord of common generic drugs and it also produces reputable brands like EpiPens, Viagra, and Lipitor. Overall through the numerous products, the company generated trailing-12-month revenue in excess of $17.6 billion. The company is thinly profitable, but its shares have fallen by more than 20% in the last year. Advanced Flower Capital Gamma, or AFC Gamma (AFCG 1.52%) as it prefers to be known, is a company that issues collateralized loans to marijuana businesses that need funding. With $483 million in loans outstanding and an estimated 18% yield on its existing roster of liabilities, it'll be realizing millions in interest revenue for years even if it stops issuing new loans today, which it won't.

Source: Motley Fool

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