All my dividend payers have been hammered the past two weeks. Fear creates indiscriminate selling. There are a lot of buyers waiting for slaughter to end. They will come in and pick up the pieces at excellent prices.
Bond prices dropped slightly, and some folks seemed to sell their dividend stocks out of fear, like you said. My question is, what are they going to do with their proceeds? In the good old days, you could park it in a money-market fund for as long as you wanted, but that's a money-losing proposition now. They don't seem to be rotating into "growth stocks", as some analysts are suggesting. To me, dividend stocks still make the most sense, and I think a lot of folks are going to be buying them back pretty soon. I don't see that many good alternatives.
A few weeks ago when all of the Healtcare Reits were hitting highs every other day I'm sure many investors were echoing " I can't believe this" Well you had to know that some news would signal an adjustment in price-I was looking for 5% and we got double that and then some. If you sold near the high-Great you made money-if you are still holding you are still making better yield on your money then almost any other investment-it might be a slow grind but you will see those high prices again in the healthcare field. Final thought -there was not a major reason why the stocks zoomed up and other then some noise from the Fed there is not a major reason for their fall.