Lock In High Dividend Yields While Prices Are Down On These 3 REITs If history is any indication, one of the best ways to make long-term money in the stock market is by having the courage to buy stocks when they are largely out of favor. This is especially true of dividend stocks because when the prices decline, investors can lock in higher dividend yields for life. Certainly, investors should do their homework to ascertain the safety and reliability of a company’s dividends before buying on the basis of yield alone. Here are three real estate investment trusts (REITs) whose recent price declines have substantially increased their dividend yields. Alexander’s Inc. (NYSE: ALX ) is a Paramus, N.J.-based retail REIT that leases, manages and develops commercial properties in the New York City metropolitan area. The company is managed by Vornado Realty Trust . Over the past month, Alexander’s has dropped from $260 to a current price of $233, pushing up the annual dividend yield to a quite lofty 7.7%. This price decline began two weeks after the REIT reported second-quarter earnings, a report in which funds from operations (FFO) surprised to the upside.