Thanks to inflationary pressures, real estate continues to get the nod from many investors. Rent growth is often higher than rates of inflation and investors have taken notice. This has benefited our newest Best Real Estate Stocks Dividend List pick in spades. And there’s still time to catch the firm’s high yield before Thursday, September 29, when the stock goes ex-dividend with a regular payout of $0.27 per share!
That nearly 5% yield comes courtesy of our pick’s operating niche. Our pick focuses its attention on single-tenant, freestanding buildings. Moreover, these buildings are generally not leased to retail operations, but rather services and experiences. Add in a middle-market emphasis as well as triple-net leasing and you have a recipe for success. So much so, the firm has been able to see its dividend increase for the last four years straight– even during the pandemic.
With experiences and consumers looking for services, our pick is poised to see its rents grow and its dividends flourish.
In addition to our services pick, we’re also increasing our holdings in a self-storage REIT and restaurant-focused property owner. Additionally, we’ve also removed another triple-net-lease specialist from the portfolio.
You can check out the Best Real Estate Dividend Stocks List to explore all the stocks.
